Porch Livng sells outdoor furniture and accessories. It operates in a province which has a 7% PST and 5% GST. Porch Livng charges PST and GST to customers, and pays PST and GST on most purchases, except for inventory. The company only pays GST on the purchase of inventory. The following transactions occurred during August, 2020.

Aug 2	Purchased inventory for $4,000 plus GST on account.
Aug 5	Sold inventory to a customer for $3,900 plus GST and PST on account. The inventory costs $2,925.
Aug 12	Purchased $280 worth of office supplies, plus GST and PST in cash.
Aug 25	Sold inventory to a customer for $7,700 plus GST and PST for cash. The inventory costs $4,107.
Aug 27	Received the total amount owing from the customer from Aug 5.
Aug 28	Paid the supplier from August 2 the amount owing.
Aug 31	Prepared the PST remittance to the provincial government.
Aug 31	Prepared the GST remittance to the federal government.

Purch Livy sells vuldoor furniture and accessories. It operates in a province which has a 7% PST anu 5% CST. Purch Living charges PST and CST lo custuners and pays PST and CST on must purchases except for inventory. The company only pays GST on the purchase of inventory. The following transactions occurred during August, 2020 Aug 2 Purchased inventory for $4.000 plus GST on account Aug 3 Sold inventory to customer for $3,900 plus GST and PST on account. The inventory costs $2.925. Aug 12 Purchased $220 worth of office supplies, plus GST and PST in cash. Aug 25 Sold inwentary to a customer for $1,7 plus GS and I for cash. The inventory costs $4,1117. Aug 27 Recaved the total amount wing from the customer from Aug S. Aug 28 Paid the supplier from August 2 the amount owing Aug 31 Prepared the PST Lancel the provincial que Aug 31 Prepared the GST remittance to the federal government Record the transactions for August 2020 Do not enter dollar signs or commas in the input bas. Round all answers to the nearest whole ole dollar Correct the more than one bebe u more in care credit the sounds in aluhateticeleder Date Account Title and Explanation Debit Credit Aug Purchased inventory on around Aug 5 Sales on excount Aug 5 COGS for the above sale Aug 12 Purchased office supplies Aug 25 Aug 12 Purchased office supplies Aug 25 Sales for Cash Aug 25 COGS for the above sale Aug 27 Received cash from customer Aug 28 Paid supplier Aug 31 PST remittance Aug 31 GST remittance