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Return to ques Data regarding Petrilla Corp. in March 20x9: Selected opening balances: GST payable CPP payable El payable Income tax deductions payable $62,800 (cr.) 3,900 (cr.) 5,200 (cr.) 16,320 (cr.) 20 a. Cash sales for the period. $980,000 plus 5% GST. b. Monthly payroll, $117.000, less El, $3,800: CPP, $2,200 income tax, S12.200. The employer portion of payroll taxes was also recorded c. Inventory purchases on account, $1.520.000 plus 5% GST. d. Cash sales, $3,140,000, plus 5% GST. e Sales to U.S. customer on account, US$176,000. There was no GST on the sale. The US dollar was worth Con$1.03 on this date f. The U.S. customer paid US$140,000 on account, when the US dollar was worth $1.07. The remaining amount will be paid in June g. GST owing was remitted. h Sixty percent of the amount owing to suppliers in (c) was paid. At the end of the month the US exchange rate was Can$1.06. 1. Journalize all transactions listed above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete. No Transaction General Journal Credit Debit 1,029,000 Cash Sales revenue GST payable 00 980,000 49,000 2 b(1). 117,000 Salary expense El payable CPP payable Income tax deductions payable Cash O 3,800 2.200 12. 200 98 800 3 b{2) 6.000 3 Salary expense El payable CPP payable 3.800 2,200 Return 4 Inventory GST payable Accounts payable ololo 1,520 000 76 000 1,596,000 5 d 3,297,000 Cash Sales revenue GST payable 3,140,000 157.000 6 > Accounts receivable Sales revenue 181,280 181.280 > 7 149,800 Cash Accounts receivable Foreign exchange gains and losses OOO 144 200 5.600 o 8 GST payable Cash for the work you have completed so far. It does not indicate completion Return to question 9 h Accounts payable Cash 10 Accounts receivablo Foreign exchange gains and losses 2. List the accounts and amounts that would appear on the 31 March statement of financial position Answer is not complete. Accounts Amount Accounts payable CPP payable El payable Income tax deductions payable Accounts receivable OOOOO