Blue Robin Retail has one store in Ottawa, Ontario, and one in Gatineau, Quebec. All sales in

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Blue Robin Retail has one store in Ottawa, Ontario, and one in Gatineau, Quebec. All sales in Ontario are subject to 13% HST; all sales in Quebec are subject to 5% GST and 9.975% QST. On March 12, 2013, the Ottawa store reports cash sales of $7,200 and the Gatineau store reports cash sales of $8,400.
(a) Calculate the sales taxes each store charged for these sales.
(b) Prepare a journal entry for each store to record the sales on March 12, 2013.
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Accounting Principles Part 2

ISBN: 978-1118306796

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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