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Homework answers / question archive / On September 15, Mac's Machinery sold inventory on account with a sales price of $72,000
On September 15, Mac's Machinery sold inventory on account with a sales price of $72,000. The purchaser would use the equipment in their business. Journalize the Mac's Machinery transaction on September 15 including GST assuming the business is located in Saskatchewan (GST = 5%, PST = 6%). Ignore the COGS/inventory adjustment entry. On September 15, Mac's Machinery sold inventory on account with a sales price of $72,000. The purchaser would use the equipment in their business. Journalize the Mac's Machinery transaction on September 15 including GST assuming the business is located in Saskatchewan (GST = 5%, PST = 6%). Ignore the COGS/inventory adjustment entry.
