Gadget Palace is a retailer selling unique hardware, Gadget Palace uses a perpetual inventory system. Journalize the following transactions On July 5, Gadget Palace purchases inventory for sale from Turbo Tools for $11,400.00 with terms 2/10, 1/30. On July 6, Gadget Palace pays Fast Truck Transport $75.00 for freight in on the July 5 order. On July 8, Gadget Palace receives a credit memo from Turbo Tools for $215.00 for damaged merchandise. On July 15, Gadget Palace pays Turbo Tools the balance due. If an amount box does not require an entry, leave it blank. If required, round your answers to two decimal places. July 5 July 6 July 8 00 OU IO