Solution-Prepare the journal entry to record purchase of

Prepare the journal entry to record purchase of equipment

Reference no: EM132576811

Oriole Enterprises purchased $2,100 + tax of cash registers for its retailing business.

Question 1: Prepare the journal entry to record the purchase of the equipment on account, where Oriole is located in a province with (5% GST only). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Question 2: Prepare the journal entry to record the purchase of the equipment on account, where Oriole is located in a province with (5% GST plus 5% PST). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Question 3: Prepare the journal entry to record the purchase of the equipment on account, where Oriole is located in a province with (15% HST). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Reference no: EM132576811

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Prepare the journal entry to record purchase of equipment

Reference no: EM132576811

Reference no: EM132576811

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