Record journal entries for the following-Recording Inventory Purchase-Recording Advance Rent -Payment Recording cash received for Note-Journal Entry on Jan 3: Cash Sale -Cost of Goods Sold -Journal Entry on Jan 6: Advance Payment -Journal Entry on Jan 10: Delivery of Order -Journal Entry on Jan 12: Purchase Inventory from Vancouver paying GST and PST-Journal Entry on Jan 18: Cash Sales Journal Entries on Jan 31 -Rent for January-Intrest on notes.

MNO Mini Mart is a convenience store that began its operation on Jan 1, 2020 in Edmonton, Alberta. The following transactions occurred during January 2020. MNO pays and collects 5% GST on all of its purchases and sales. MNO creates its financial statements on the last day of every month. Jan 1 Purchased inventory on credit from ABC Company for $1,280 plus GST. Jan 1 Paid $1,800 to building owner for three months of rent in advance (Jan - Mar, 2020). Jan 1 Received a three-month 5% note payable of $18,000 from ZXY Bank. The Interest will be paid monthly on Feb 1, Mar 1 and Apr 1 and the Principal will be paid on Apr 1. Jan 3 Received cash for merchandise sold on the same day, $560 plus GST. Cost of Inventory, $370 Jan 6 Received order from PQR Company for merchandise of $900 plus GST. The customer paid the full amount in advance. Jan 10 Delivered merchandise to POR Company. Jan 12 Purchased inventory on credit from a supplier in Vancouver for $1,200 plus GST and PST (provincial salos tax, 7% ) Jan 18 Cash sales of 1,900 plus GST was recorded. Ignore Cost of Goods Sold. Based on the transactions above, construct the journal entries by selecting the correct itom from the drop down lists for the dates identified. Select N/A and 0 if you think a journal entry is not required. The amounts should be organized in Descending Order (Highest Amount First). Left Indent means debit, inside indent means credit. Journal Entries on Jan 1 Recording Inventory Purchase