Record periodic journal entries required for each of the following transactions.

  

Province of Ontario - HST 13%. Walmart purchased 3 chairs from Chair Company on account for $300. Walmart intends to use this chair in its offices. Province of Ontario - HST 13%. Walmart sells 600 chairs to consumers for $120,000 (cost $60,000). Customers paid cash. Province of Manitoba - PST 7%, GST 5% Walmart purchases 200 chairs from Chair Company on account for $20,000. Walmart intends to resell these chairs to consumers and provided a PST tax exemption number to the supplier at the time of purchase (so no PST).