Mr. E. Terry, an engineer, begins a small consulting business. The accounts for the firm are as follows.

Bank

Automobile

HST Payable

Miscellaneous Expense

A/RVarious

Equipment

E. Terry, Capital

Rent Expense

Office Supplies

A/PVarious

E. Terry, Drawings

Telephone Expense

Office Furniture

HST Recoverable

Fees Earned

Directions:Journalize the following transactions, using the general journal page you printed out before the test. Calculate and add the HST on all sales transactions. The rate for HST is 13%. Do not provide explanations. The next page number of the journal is 27.

Transactions

Jul.3Cheque Copy

No. 105, Chambers Bros., payment for monthly rent $450 plus HST of $58.50,

total $508.50.

5Purchase Invoice

From Glen Printing, $86.50 for office supplies plus HST of $11.25, total $97.75.

8Sales Invoice

No. 50 to J. Greenley, $250 for services performed, plus taxes.

10Cash Receipt

From R. Grieve, $200 payment on account.

18Cash Sales Slip

No. 100 to E. Webb, $85.50 plus taxes.

20Cheque Copy

No. 106 to E. Terry, $490 for personal use.

24Bank Debit Memo

$25.00 for bank service charge.

29Cheque Copy

No. 107 to Star Blueprinting, $500 on account.

29Cheque Copy

No. 108 to Municipal Telephone for payment of telephone bill, $200 plus HST of $26, total $226.

31Cheque Copy

The balances in the HST accounts for the previous period were: HST Recoverable $890 and HST Payable $1410. Cheque 109 was written to the Receiver General for $520 to clear the accounts for that period.