Record the following sales transactions for Meranda Company:
Oct 3 Had sales of $3,500 in cash and $6,000 in credit. The harmonized
sales tax (HST) is 13%.
Oct 8 Had cash sales of $12,000 plus 13% HST.
Nov 15 Paid HST for Oct. 3 and Oct. 8 sales.
Nov 30 Received customer payment for Oct. 3 outstanding accounts receivable.
Correct Answer:
Verified
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