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Part a. Modern Electronics is located in Ontario Journal entry worksheet Record the purchase of inventory on credit plus applicable ITC. Note: Enter debits before

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Part a. Modern Electronics is located in Ontario Journal entry worksheet Record the purchase of inventory on credit plus applicable ITC. Note: Enter debits before credits. Modern Electronics Company purchases merchandise inventory from several suppliers. On April 1, 2023, Modern Electronics purchased from Speedy Supplies $50,000 of inventory on account. On May 15, 2023, Modern Electronics sold inventory to a Jones Apartment Complex for $30,000cash, which included $20,000COGS for the inventory. On June 15, 2023 Modern Electronics remitted the applicable PST and GST or HST. Use the PST, GST, and HST rates in Exhibit 10.6. Required: Journalize Modern Electronics Company transactions on Aprill 1, 2023, May 15, 2023, and June 15, 2023, including applicable PST and GST or HST assuming it is located in: a. Ontario b. British Columbia c. Alberta Part a. Modern Electronics is located in Ontario Journal entry worksheet 4 Record the purchase of inventory on credit plus applicable ITC. Part c. Modern Electronics is located in Alberta Journal entry worksheet Record the purchase of inventory on credit blus applicable ITC. Note: Enter debits before credits. roblem 10-7A Sales taxes payable LO2 Lodem Electronics Company purchases merchandise inventory from several suppliers. On April 1, 2073, Modern Electronics urchased from Speedy Supplies $50,000 of inventory on account. On May 15, 2023, Modern Electronics sold inventory to a Jones partment Complex for $30.000 cash, which included $20,000 COGS for the inventory. On June 15, 2023 Modern Electronics amitted the applicable PST and GST or HST. Use the PST, GST, and HST rates in Exhibit 10.6. equired: ournalize Modern Electronics Company transactions on April 1, 2023, May 15, 2023, and June 15, 2023, including applicable PST and SST or HST assuming it is located in: . Ontario British Columbia Alberta: art 0. Modern Electronics is located in Ontario Part b. Modern Electronics is located in British Columbia Journal entry worksheet 5 Record the purchase of inventory on credit plus applicable ITC. Note; Enter debits before credits

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