Make general journal entries to record the following transactions of Mehta Products for a two-month period:
Jun. 30 Recorded cash sales of $115,000 for the month plus PST of 8 percent collected on behalf of the province of Manitoba and GST of 5 percent. Record the two taxes in separate accounts.
Jul. 6 Sent June PST and GST to the appropriate authorities (Minister of Finance for PST and Receiver General for GST). Assume no GST input tax credits.