Journalize each of the transactions in Exercise 29 assuming a periodic inventory system and PST at 8% along with 5% GST.In Exercise 29June 1 Purchased $2,000 of merchandise; terms 1/10, n/30.5 Sold...

Journalize each of the transactions in Exercise 29 assuming a periodic inventory system and PST at 8% along with 5% GST. In Exercise 29 June 1 Purchased $2,000 of merchandise; terms 1/10, n/30. 5 Sold $1,000 of merchandise for $1,400; terms n/15. View Solution:

Journalize each of the transactions in Exercise 29 assuming a