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Below the General Journal entries from Part B, record the following six transactions. XYZ Co. operates in Saskatchewan (GST 5% & PST 6%).

Below the General Journal entries from Part B, record the following six transactions. XYZ Co. operates in Saskatchewan (GST 5% & PST 6%).

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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I need those part general journal
Part B) Below the General Journal entries from Part A, enter in all the remaining January transactions for KBC Decorating Co. found on page 77 in your text (transactions start on Jan. 16 and there are eight transactions in total). NO POSTING IS REQUIRED. Use the same account names that you used for Assignment #1, plus these accounts: HST Payable, HST-ITC, Freight In & Delivery Expense Part C) Below the General Journal entries from Part B, record the following six transactions. XYZ Co. operates in Saskatchewan (GST 5% & PST 6%). Jan 05 Bought merchandise worth $5,780 plus 5% GST. Issued cheque #55. 11 Cash sales for the week, $1,600 plus GST & PST. 13 Paid telephone bill, $80.85, which includes both taxes by cheque #56. Sold merchandise on account for $775 plus both taxes to R. Deering. Sales invoice #62, terms n/30. 15 22 Bought warehouse supplies, $177 plus both taxes. Paid cash. Bought merchandise on account from Super Suppliers Inc., $6,459 (GST included). Invoice SSI #164, terms n/15. 29
Transcribed Image Text:Part B) Below the General Journal entries from Part A, enter in all the remaining January transactions for KBC Decorating Co. found on page 77 in your text (transactions start on Jan. 16 and there are eight transactions in total). NO POSTING IS REQUIRED. Use the same account names that you used for Assignment #1, plus these accounts: HST Payable, HST-ITC, Freight In & Delivery Expense Part C) Below the General Journal entries from Part B, record the following six transactions. XYZ Co. operates in Saskatchewan (GST 5% & PST 6%). Jan 05 Bought merchandise worth $5,780 plus 5% GST. Issued cheque #55. 11 Cash sales for the week, $1,600 plus GST & PST. 13 Paid telephone bill, $80.85, which includes both taxes by cheque #56. Sold merchandise on account for $775 plus both taxes to R. Deering. Sales invoice #62, terms n/30. 15 22 Bought warehouse supplies, $177 plus both taxes. Paid cash. Bought merchandise on account from Super Suppliers Inc., $6,459 (GST included). Invoice SSI #164, terms n/15. 29
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