DeGroot Limited conducts all of its business in a province with HST of 13%. Prepare the summary

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DeGroot Limited conducts all of its business in a province with HST of 13%. Prepare the summary journal entry to record DeGroot's sales for the month of July, during which customers purchased $37,500 of goods on account, and a journal entry for the cash purchase of furniture with a selling price of $2,860, before tax, for use in the office. Round amounts to the nearest cent.

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Intermediate Accounting Volume 2

ISBN: 9781119497042

12th Canadian Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

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