Claudex Camping Store uses a periodic inventory system and is located in Winnipeg, Manitoba where the PST rate is 8%. Claudex uses the earnings approach for revenue recognition. The following transactions took place in March: Instructions
Prepare the journal entries for the month of July. Do not round amounts.

Question

Claudex Camping Store uses a periodic inventory system and is located in Winnipeg, Manitoba where the PST rate is 8%. Claudex uses the earnings approach for revenue recognition. The following transactions took place in March:  Instructions
Prepare the journal entries for the month of July. Do not round amounts.

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The Answer of Claudex Camping Store uses a periodic inventory system and is located in Winnipeg, Manitoba where the PST rate is 8%. Claudex uses the earnings approach for revenue recognition. The following transactions took place in March:  Instructions
Prepare the journal entries for the month of July. Do not round amounts.

Claudex Camping Store Uses a Periodic Inventory System and Is