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Record the journal entries during the March

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Question - Lisa Ltd lodges quarterly business activity statements with the taxation authority.

Narrations are not required for the following entries:

Required -

1. Record the journal entries during the March 2019 quarter for sales $6600 (including GST) and inventory purchase $1210 (including GST). Note: Both sales and purchases are on account. Perpetual inventory system is applied.

2. What is the journal entry to discharge the GST liability?

Reference no: EM132570808

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