Question
Pass the following journal entry: Purchase 3000 units of item no XYZ at a cost of $3 per unit from Sky Inc, GST paid @
- Pass the following journal entry:
Purchase 3000 units of item no XYZ at a cost of $3 per unit from Sky Inc, GST paid @ 5% and RST paid @ 8%. Sold 3000 units of item no XYZ at a price of$ 10 per unit with the same taxes to Land Inc.
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
