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Question 3: Business transactions (20 points) Sudbury en completed the following transactions in January: Date Operations January 2 Purchase on credit of goods from Boral
Question 3: Business transactions (20 points) Sudbury en completed the following transactions in January: Date Operations January 2 Purchase on credit of goods from Boral Ite, conditions 2/10,n/30: $1,000 plus HST, Invoice # B01 7 Sale of goods on credit to D. Gagnon on conditions n/30: $500 plus HST, Invoice #1 (Cost of goods - $300) 15 Sale of goods on credit to Mr. Bdard on conditions 2/10,n/30: $3,200 plus HST, invoice #2 (Cost of goods - $2,500) 17 Mr. Bdard returns defective goods costing $200, sold on January 15 25 Cash recovery of Mr. Bdard's account relating to the January 15 sale, taking into account the return of defective goods Work to Do Passes entries to the general journal Name of the business Log Page 1 Date Account description and explanation Ref. (No account) Debit Credit
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