Prepare the journal entries for Newmarket Dance Supplies, assuming that Newmarket Dance Supplies uses a perpetual inventory system. The HST rate is 13 percent in Ontario. (Click the icon to view the transactions.) Aug. 3: Purchased inventory, on account, from Shoes-R-Us, $2,900 plus applicable HST. (Record debits first, then credits. Explanations are not required. Round amounts to the nearest whole dollar.) Date Accounts and Explanation Debit Credit Aug. 3 Choose from any list or enter any number in the input fields and then click Check Answe? 5 parts remaining Clear All Check Answer i Transactions - X Aug. 3 11 19 Purchased inventory, on account, from Shoes-R-Us, $2,900 plus applicable HST. Returned defective merchandise to Shoes-R-Us, $440 plus applicable HST. Sold merchandise to Jazz Bistro on account for $940 plus applicable HST. Cost of the merchandise sold was $423. Paid balance on account to Shoes-R-Us. Record the refund of HST based on only the above transactions. 30 23 Sep. Print Done Choose from any list or enter any number in the input fields and then click che