These transactions occurred during the second half of January. Continue the General Journal where you left off in the previous chapter. Be sure to account for HST as indicated. 20— Jan. 16 Bought advertising space in the local community newspaper, $125 plus 13% HST. Issued Cheque #7. 16 Paid shipping costs on the merchandise bought on the 5th, $85 plus HST. Issued Cheque #8. 17 Paid transportation cost for new paint mixer and colour dispenser bought on the 9th and delivered from Toronto. Issued Cheque #9 for $84.75 (includes $9.75 HST). 20 Cash sales: paint and supplies, $2,500; wallpaper, $2,000; plus HST. 21 Paid delivery costs for paint and supplies delivered to our customer, $60 plus HST. Cheque #10. 26 Bought paint and supplies, $8,500 plus HST. Cheque #11. 26 Paid the shipping on paint and supplies bought today, $45 plus HST. Cheque #12. 30 Cash sales: paint and supplies, $3,000; wallpaper, $1,000; plus HST. AT MONTH-END Post these entries to the ledger accounts and prepare a trial balance on January 31, 20—
These transactions occurred during the second half of January. Continue the
General Journal where you left off in the previous chapter. Be sure to account for
HST as indicated.
20—
Jan. 16 Bought advertising space in the local community newspaper, $125
plus 13% HST. Issued Cheque #7.
16 Paid shipping costs on the merchandise bought on the 5th, $85
plus HST. Issued Cheque #8.
17 Paid transportation cost for new paint mixer and colour dispenser
bought on the 9th and delivered from Toronto. Issued Cheque #9
for $84.75 (includes $9.75 HST).
20 Cash sales: paint and supplies, $2,500; wallpaper, $2,000; plus HST.
21 Paid delivery costs for paint and supplies delivered to our customer,
$60 plus HST. Cheque #10.
26 Bought paint and supplies, $8,500 plus HST. Cheque #11.
26 Paid the shipping on paint and supplies bought today, $45 plus
HST. Cheque #12.
30 Cash sales: paint and supplies, $3,000; wallpaper, $1,000; plus HST.
AT MONTH-END
31, 20—.
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