Take me to the text Great Job Company buys and sells home appliances and uses the perpetual inventory system. The company has a year-end of December 31. Assume 13% HST on all purchase and sale transactions. During 2020, the company had the following transactions Jan 16 Purchased vacuum cleaners worth $45,000 from X Wholesalers, by signing a one-year, 8% note payable; interest is ta be accrued on December 31 and paid at maturity plus principal. Feb 4 Sold vacuum cleaners for $37,000 cash, which includes a 3-year warranty. Greatdob bought these vacuum cleaners for $22,200. Feb 4 Recorded $18,000 of estimated warranty liability for the year. Feb 15 Paid the full amount owing to X Wholesalers including accrued interest May 8 Raceived utilities will for $3,200, to be paid exactly aftar 15 days (dis ragard HST far this transaction). May 23 Paid the utilities bill which was received on May B. Jul 11 Received $48,590 cash (including $5,590 HST) for the sale of vacuum cleaners which cost the company $25,800. The delivery is to be made on August 31. Aug 31 Delivered the vacuum cleaners paid for on July 11 Prepare journal entries to record the above transactions Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. For transactions with more than one debit ar credit, enter the accounts in alphabetical order. Date Account Title and Explanation Debit Credit Jan 15 HST Recoverable Marchandise Inventory 45000 X Notes Payable To record ourchase of vacuum cleaners Fel 4 Cash HST Payable Sales Revenue X To record cash sales Felo Cost of Goods Sold . 22200 22200 Merchandise Inventory To record costs of goods sald Feb 4 Warranty Expanse 12000 Estimated Warranty Liability 18000 To record estimated warranty ability Feb 15 Interest Expense Notes Payable Cash To record payment to V Wholesalers