Question continued Onesti (There is only one question!) The following transactions relate to Ken Company San Island a cheque to the Receiver General of Canada for remittance of the employee Jan 15 luued a cheque to the local union for the union dues withheld in December Jan 15 led cheque to the Receiver General of Canada for remittance of the GST wing Jan 15 ud a cheque to the Teasurer of Ontario fie remittance of the PST owing Purchased a machine from Jack Deelne, by signing a 560,000. 5 year note payable las interest 8% (per) Interest is payableach December 3 (gore GST and PST for this transaction) Oa 12 Gave Deries Company $2,500 cash and 57.500, 90 daynote payable plus interest 10% (per to see an extension of their past due account payable Now 16 Borewed 510,000 from the Bank of Nova Scotia by signing a $10,000, 60-day note payable plus interest (per eum) Dec. 1 Entered into a contract to provide delivery services for a customer at $300 per month Received payment for the month of December, January and February (ore GST and PST for this transaction) Dec. 18 Purchased investory from CBC Limited by signing a 90 day, not able to interest ? (per annum) The cost of the eventory purchased was $24,000 plus GST Paid the notes dated October 12, 2007 November 16, 2007 and December 18, 2007 (You will have to correctly date these journal entries) Beanie (1) Prepet journal is to record all of the above traction Best to ai dates to all Pupute istics of the Balance Sheet for Ken Company set December 31, 2007 Dec. 2) Sold merchandise en credit to John Doe terme 310, 30, in the amount of $35.000 au GST and PST AM The cost of the merchandise 315.000 De 23 Recorded the information from the payroll jumal for the month of December and recorded the employers portion of the parell dedactics (The last paydate in December December 28) Geo Wapes 59,256.00 CPP wilheld 26112 Elweld 209.92 Income Tax withheld 1.900.00 Unit Dus withheld 92.00 Net Pay 6,492.36 Dec 31 Paid the interest dues the sote payable dated Juary 1, 2007 Dec 31 Prepared all say you and adjusting entries. More on the back of this pape!) Question continued Onesti (There is only one question!) The following transactions relate to Ken Company San Island a cheque to the Receiver General of Canada for remittance of the employee Jan 15 luued a cheque to the local union for the union dues withheld in December Jan 15 led cheque to the Receiver General of Canada for remittance of the GST wing Jan 15 ud a cheque to the Teasurer of Ontario fie remittance of the PST owing Purchased a machine from Jack Deelne, by signing a 560,000. 5 year note payable las interest 8% (per) Interest is payableach December 3 (gore GST and PST for this transaction) Oa 12 Gave Deries Company $2,500 cash and 57.500, 90 daynote payable plus interest 10% (per to see an extension of their past due account payable Now 16 Borewed 510,000 from the Bank of Nova Scotia by signing a $10,000, 60-day note payable plus interest (per eum) Dec. 1 Entered into a contract to provide delivery services for a customer at $300 per month Received payment for the month of December, January and February (ore GST and PST for this transaction) Dec. 18 Purchased investory from CBC Limited by signing a 90 day, not able to interest ? (per annum) The cost of the eventory purchased was $24,000 plus GST Paid the notes dated October 12, 2007 November 16, 2007 and December 18, 2007 (You will have to correctly date these journal entries) Beanie (1) Prepet journal is to record all of the above traction Best to ai dates to all Pupute istics of the Balance Sheet for Ken Company set December 31, 2007 Dec. 2) Sold merchandise en credit to John Doe terme 310, 30, in the amount of $35.000 au GST and PST AM The cost of the merchandise 315.000 De 23 Recorded the information from the payroll jumal for the month of December and recorded the employers portion of the parell dedactics (The last paydate in December December 28) Geo Wapes 59,256.00 CPP wilheld 26112 Elweld 209.92 Income Tax withheld 1.900.00 Unit Dus withheld 92.00 Net Pay 6,492.36 Dec 31 Paid the interest dues the sote payable dated Juary 1, 2007 Dec 31 Prepared all say you and adjusting entries. More on the back of this pape!)