Sales taxes For the month of November, Parry Sound Sales Ltd.recorded $280,000 in sales, 40% of which were on account (terms N30), and 60% of which were cash sales.The company is required to charge 6% PST and 5% GST on all sales. Instructions Prepare one journal entry to record the company's sales for November.

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The Answer of Sales taxes For the month of November, Parry Sound Sales Ltd.recorded $280,000 in sales, 40% of which were on account (terms N30), and 60% of which were cash sales.The company is required to charge 6% PST and 5% GST on all sales. Instructions Prepare one journal entry to record the company's sales for November.

Sales Taxes for the Month of November, Parry Sound Sales