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QUESTION 10 (6 marks) REQUIRED: Record the journal entries for the following transactions for Miracle Company Oct 3 Had sales of $3,500 plus 13% HST
QUESTION 10 (6 marks) REQUIRED: Record the journal entries for the following transactions for Miracle Company Oct 3 Had sales of $3,500 plus 13% HST in cash and $6,000 plus 13% HST on credit. Oct 8 Had cash sales of $12,000 plus 13% HST. Nov 15 Paid HST to the government for Oct. 3 and Oct. 8 sales. Nov 30 Received customer payment for Oct. 3 outstanding accounts receivable. ttercup Inc. purchased $150,000 of inventory and signed a at maturity of the note. QUESTION 11 (7 marks)
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