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Holden Corp. provided $60,000 of consulting services to a client on March 25, 2014, on account. Journalize Holden Corp.'s transaction on March 25 including applicable

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Holden Corp. provided $60,000 of consulting services to a client on March 25, 2014, on account. Journalize Holden Corp.'s transaction on March 25 including applicable GST and PST or HST assuming it is located in each of the provinces below. Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan). Please make sure your final answer(s) are accurate to the nearest whole number. Use the following rate schedule: Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador The Northwest Territories Nova Scotia Nunavut Ontario Quebec Prince Edward Island Saskatchewan The Yukon Territory PST Rate GST Rate HST Rate* 5% 7% 5% 7% 5% 15% 15% 5% 15% 5% 13% 9.975% 5% 15% 6% 5% 5% *A Harmonized Sales Tax (HST) is applied in place of PST and GST. HST is the combination of the PST with the GST for a total sales tax. New Brunswick combines its PST of 10% with the GST of 5% for HST of 15%. Newfoundland and Labrador combines its PST of 10 with the GST of 5% for HST of 15%. Ontario combines its PST of 8% with the GST of 5% for HST of 13%. *A Harmonized Sales Tax (HST) is applied in place of PST and GST. HST is the combination of the PST with the GST for a total sales tax. New Brunswick combines its PST of 10% with the GST of 5% for HST of 15%. Newfoundland and Labrador combines its PST of 10 with the GST of 5% for HST of 15%, Ontario combines its PST of 8% with the GST of 5% for HST of 13%. Nova Scotia combines its PST of 10% with the GST of 5% for HST of 15%. PEl combines its PST of 10% with the GST of 5% for HST of 15%. a) The Northwest Territories General Journal Date Account/Explanation Page Gj1 F Debit Credit + L b) Prince Edward Island General Journal Date Account/Explanation Page Gj1 F Debit Credit c) British Columbia General Journal Date Account/Explanation Page Gj1 F Debit Credit + Nova Scotia combines its PST of 10% with the GST of 5% for HST of 15%. PEl combines its PST of 10% with the GST of 5% for HST of 15%. a) The Northwest Territories Page Gj1 Date General Journal Account/Explanation F Debit Credit + b) Prince Edward Island General Journal Date Account/Explanation Page Gj1 F Debit Credit c) British Columbia General Journal Date Account/Explanation Page Gj1 F Debit Credit

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