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The transactions for January 2020 are as follows. Jan. 5 Purchase inventory from S.Buffet $2500 including GST, terms 2/7, n/30. Jan. 7 Sell inventory on

The transactions for January 2020 are as follows.

Jan. 5 Purchase inventory from S.Buffet $2500 including GST, terms 2/7, n/30.

Jan. 7 Sell inventory on account to B.Sharp $5600 including GST, terms 1/7, n/30.

Jan. 9 Purchase inventory from F.Alolan $4000 including GST, terms 2/7, n/30.

All purchases and sales subject to 10% GST

Record the January transactions in a sales journal & purchases journal.

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