Question 1 [35 points] Prepare journal entries for November 2014 to record the following transactions for Stake Technology Inc. Assume a perpetual inventory system. Enter the transaction letter as the description when preparing a journal entry. When a transaction requires two separate journal entries, use the same letter for both descriptions. Dates must be entered in the format dd/mmm (ie. 15/Jan). a. November 2: Stake Technology Inc. sold merchandise to United Corporation that cost $7,905 for $9,300 cash. b. November 6: Stake Technology Inc.'s merchandise that cost $7,990 was sold to Southgate Inc. for $9,400 under credit terms of 2/30, n/90, FOB shipping point c. November 10: Received Southgate Inc.'s payment of the amount due from the November 6 sale. d. November 13: Stake Technology Inc.'s merchandise that cost $7,310 was sold to Weber Inc. for $8,600 under credit terms of 2/10, n/90, FOB shipping point. e. November 20: Issued a $3,700 credit memorandum to Weber Inc. for an allowance on goods sold on November 13. f. November 24: Received the balance due from Weber Inc. for the sale dated November 13. Please use the '+' and '-' buttons to change the number of accounts (if necessary) for each journal entry. General Journal Page GJS Account/Explanation F Debit Credit Date + - - + = + + F = + - + F