Assignment 3 (Chapters 8 9&10) O 0 onits 1 vasa Diego Company sells a wide range of goods through two retail stores operating in adjoining cities. Most purchases of goods for resale are on account. Occasionally, a short-term note payable is used to obtain cash for current use. The following transections were selected from those occuring during 2021 On January 10, 2021 purchased merchandise on credit, $31.300 the company uses a perpetual inventory system b. On March 1, 2021 borrowed $235,000 cash from the bank and signed an interest-bearing note payable at the end of one year with an annual interest rate of 8 percent payable at maturity c On April 5, 2021, sold merchandise on credit. $71.300, this amount included GST of $3,700 and PST of $5,500. The cost of sales represents 80 percent of the sales invoice Required: Lindicate the accounts affected and the amounts of the financial statement effects of these transactions (Enter any decrease in account balances with a minus sign.) Date Jan 10, 2021 Mar 1, 20211 Apr 5, 2021 Assets Lisb Shannolders' Equity Submit Prey 19 Next > 80/PM ENG