Question 2 of 3 - / 18 III Oriole Company is a retailer operating in the province of Ontario where HST is 13%, Oriole uses a periodic inventory system Transactions for the business are shown below: Nov. 1 6 7 Paid November store rent to the landlord. The lease calls for monthly payments of $5,100 before taxes. Purchased merchandise for resale on account from Comet Industries. The merchandise cost 57,100 plus applicable tax Returned $800 of merchandise to Comet Industries. Sold merchandise on account to Solar Star Company for $9,000 plus applicable sales taxes. terms, 1/30, FOB shipping point. The merchandise was shipped to Solar Star. The cost of the merchandise to Oriole was $6,000. Purchased a new laptop computer at Staples for the marketing manager. The price of the laptop was $1,400 before applicable taxes Paid the quarterly remittance of HST to the Receiver General. The balances in the accounts were as follows: HST Payable $2,320 and HST Recoverable $970. 12 30 Prepare the journal entries to record these transactions on the books of Oriolo. Assume that the GST balances on Nov. 30 provided thanh HCT Anteirratit un titles are the intentarhan thundlade Prepare the journal entries to record these transactions on the books of Oriole, Assume that the GST balances on Nov. 30 provided are the balances in the HST accounts. (Credit account titles are automatically indented when the amount is entered. Do not indent manually, Round answers to 2 decimal places, eg 5,275.75.) Date Account Titles and Explanation Debit Credit Nov. 1 Nov. 4 Nov. 6 Nov. 6 Nov. 7 Nov. 12 Nov. 12 Nov. 30