PSA6.8 This problem is a special journal question including GST 10%. The is joumal and cash receipts journal have been prepared for you and include GST of 10% The transactions for February provided in the textbook, do not include GST. You have to add GST of 10% to the transaction amounts provided where relevant Date Account SALES JOURNAL Sales GST Coll Cr Cr Feb. 3 9 12 26 D. Adams P. Babcock D. Chambers K. Dawson B 250 9.750 12,000 9,000 39,000 825 975 1200 900 3,900 Accounts Receivable Dr 9,075 10.725 13,200 9999 42,900 Cost of Sales De Inventory 5.445 6.435 7.920 5.940 25.740 CASH RECEIPTS JOURNAL Date Account credited Cash Dr GST Coll Dr Discount Allowed De Accounts Receivable CH GST Com C Sales GST Paid CE Other Account Cool Sales Inventory CE Feb 1 45,000 45,000 2 J. Hill Capital Cash sales D Adams Inventory P Babcock 975 9.750 6.435 13 8 83 9,075 18 10.725 8.984 247 10,725 75,681 22 225 26 102225 19,800 8 83 975 9,750 22 45 225 6.435 PSA6.8 This problem is a special journal question including GST 10%. The is joumal and cash receipts journal have been prepared for you and include GST of 10% The transactions for February provided in the textbook, do not include GST. You have to add GST of 10% to the transaction amounts provided where relevant Date Account SALES JOURNAL Sales GST Coll Cr Cr Feb. 3 9 12 26 D. Adams P. Babcock D. Chambers K. Dawson B 250 9.750 12,000 9,000 39,000 825 975 1200 900 3,900 Accounts Receivable Dr 9,075 10.725 13,200 9999 42,900 Cost of Sales De Inventory 5.445 6.435 7.920 5.940 25.740 CASH RECEIPTS JOURNAL Date Account credited Cash Dr GST Coll Dr Discount Allowed De Accounts Receivable CH GST Com C Sales GST Paid CE Other Account Cool Sales Inventory CE Feb 1 45,000 45,000 2 J. Hill Capital Cash sales D Adams Inventory P Babcock 975 9.750 6.435 13 8 83 9,075 18 10.725 8.984 247 10,725 75,681 22 225 26 102225 19,800 8 83 975 9,750 22 45 225 6.435