Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST

Question:

Journalize each of the following transactions assuming a perpetual inventory system and PST at 8% along with 5% GST.
Sept.
2 Recorded $9,000 of cash sales (cost of sales $6,200).
3 Purchased $11,000 of merchandise inventory for cash.
7 Purchased $6,500 of merchandise; terms 1 /10, n/45.
8 Sold merchandise costing $ 13,200 for $ 16,200 terms 2/10, n/30 17 Paid for the merchandise purchased on September 7.
18 Collected the amount owing from the customer of September 8.

Answer:

DATEACCOUNT TITLE EXPLANATIONPRDEBITCREDIT
2-SepCASH a/c$Â Â Â Â Â Â Â Â Â Â Â 10,170.00
To Sales$Â Â Â Â Â Â Â Â Â Â 9,000.00
To PST out put@8%$Â Â Â Â Â Â Â Â Â Â Â Â Â Â 720.00
To GST ouput@5%$Â Â Â Â Â Â Â Â Â Â Â Â Â Â 450.00
(Cash Sale & TAXES Recovered)
3-SepPurchase A/c$Â Â Â Â Â Â Â Â Â Â Â Â Â 9,734.51
GST Input Credit$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 486.73
PST Input Credit$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 778.76
To Cash$Â Â Â Â Â Â Â Â 11,000.00
(Purchases made for cash)
7-SepPurchase A/c$Â Â Â Â Â Â Â Â Â Â Â Â Â 5,752.21
GST Input$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 287.61
PST Input Credit$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 460.18
To Account payable$Â Â Â Â Â Â Â Â Â Â 6,500.00
(purchase goods on credit term 1/10, n/45)
8-SepAccount Receivable$Â Â Â Â Â Â Â Â Â Â Â Â Â 6,500.00
To Sale$Â Â Â Â Â Â Â Â Â Â 6,435.00
To GST Output taxes$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 65.00
To PST output Taxes
Sale at term 2/10, n/30)
18-SepCash A/c$Â Â Â Â Â Â Â Â Â Â Â 17,982.00
Discount Allowed$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 324.00
To Account Receivable$Â Â Â Â Â Â Â Â 18,306.00
(cash Collected from Debtors)
30-SepGST Output Tax liability$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 485.66
PSt OUT Put Tax Liability$Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 777.06
To CASH A/C$Â Â Â Â Â Â Â Â Â Â 1,262.73
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