Golf Green sells golfing equipment. The have a perpetual inventory system and their store is located in Ontario with an HST rate of 13%. The following transactions took place in May:
May 6 With terms 2/10, net 30, FOB shipping point Golf Green purchased 350 putters for resale at $ 100 each before taxes from Ting Inc.
16 As part of their spring-cleaning efforts, Sam picked up $ 300 worth of cleaning supplies and paid using cash.
22 Due to defects Gold returned two of the putters.
31 Purchased one new display unit for $ 600 plus applicable taxes on account.
Instructions
Prepare the journal entries to record these transactions.

Question

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The Answer of Golf Green sells golfing equipment. The have a perpetual inventory system and their store is located in Ontario with an HST rate of 13%. The following transactions took place in May:
May 6 With terms 2/10, net 30, FOB shipping point Golf Green purchased 350 putters for resale at $ 100 each before taxes from Ting Inc.
16 As part of their spring-cleaning efforts, Sam picked up $ 300 worth of cleaning supplies and paid using cash.
22 Due to defects Gold returned two of the putters.
31 Purchased one new display unit for $ 600 plus applicable taxes on account.
Instructions
Prepare the journal entries to record these transactions.

Golf Green Sells Golfing Equipment