Select transactions and other information pertaining to the Top Place in the World Inc. (TPW) are...

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Select transactions and other information pertaining to the Top Place in the World Inc. (TPW) are detailed below (Click the icon to view the selected transactions.) (Click the icon to view the other information.) Required Prepare summary journal entries to record the transactions. Transactions Select transactions in April 2023: 1. TPW purchased inventory on account at a cost of $14,000 plus HST. 2. TPW purchased equipment on account at a cost of $26,000 plus HST. It paid an additional $300 plus HST for shipping. Cash sales-TPW sold inventory for $40,000 plus HST. Complete the journal entry for each transaction. (Record debits first, 3. 4. Sales on account-TPW sold inventory for $10,000 plus HST. 1. TPW purchased inventory on account at a cost of $14,000 plus HS 5. TPW paid the supplier in full for the equipment previously purchased on account. Date Accounts Debit 6. April 2023 At the end of the month, TPW remitted the net amount of HST owing to the Canada Revenue Agency. 2. TPW purchased equipment on account at a cost of $26,000 plus H Date April 2023 Accounts Debit Crealt Print Done 3. Cash sales-TPW sold inventory for $40,000 plus HST. Begin by recording the revenue earned from the sale of inventory. Do not record the cost of goods sold vet. We will record this with our next journal entry. Select transactions and other information pertaining to the Top Place in the World Inc. (TPW) are detailed below (Click the icon to view the selected transactions.) (Click the icon to view the other information.) Required Prepare summary journal entries to record the transactions. Transactions Select transactions in April 2023: 1. TPW purchased inventory on account at a cost of $14,000 plus HST. 2. TPW purchased equipment on account at a cost of $26,000 plus HST. It paid an additional $300 plus HST for shipping. Cash sales-TPW sold inventory for $40,000 plus HST. Complete the journal entry for each transaction. (Record debits first, 3. 4. Sales on account-TPW sold inventory for $10,000 plus HST. 1. TPW purchased inventory on account at a cost of $14,000 plus HS 5. TPW paid the supplier in full for the equipment previously purchased on account. Date Accounts Debit 6. April 2023 At the end of the month, TPW remitted the net amount of HST owing to the Canada Revenue Agency. 2. TPW purchased equipment on account at a cost of $26,000 plus H Date April 2023 Accounts Debit Crealt Print Done 3. Cash sales-TPW sold inventory for $40,000 plus HST. Begin by recording the revenue earned from the sale of inventory. Do not record the cost of goods sold vet. We will record this with our next journal entry.