Q.7. On July 10, 2020, Keller Company, a business located in Vancouver, British Columbia, purchased $35,435 inventory of merchandises for resale on account. On July 18, 2019, Keller recorded the sale of the merchandises on account for $20,000 plus GST @ 5%. On August 15, 2020, Keller remitted GST to the Receiver General. The company has no other sales tax or input tax credits. Work out the relevant amounts and journalize all the transactions involved in this case. (6 Marks)