Mark's Music is a store that buys and sells musical instruments in Ontario, where the HST rate is 13%. Mark's Music uses a perpetual inventory system. Transactions for the business are shown below:

Nov. 2 Purchased three electric guitars from Fender Supply Limited, on account, at a cost of $900 each.

4 Made a cash sale of two keyboards for a total invoice price of $2,600, plus applicable taxes. The cost of each keyboard was $675.

5 Received a credit memorandum from Western Acoustic Inc. for the return of an acoustic guitar that was defective. The original invoice price before taxes was $700 and the guitar had been purchased on account. Mark's Music intends to return the defective guitar to the original supplier.

7 One of the keyboards from the cash sale of November 4 was returned to the store for a full cash refund because the customer was not satisfied with the instrument. The keyboard was returned to inventory.

8 Purchased supplies from a stationery store. The price of the supplies is $200 before all applicable taxes.

10 Sold one Omega trumpet to Regional Band, on account, for an invoice price of $5,100 before applicable taxes. The trumpet had cost Mark's Music $2,850.

13 Purchased two saxophones from Yamaha Canada Inc. on account. The invoice price was $1,900 for each saxophone, excluding applicable taxes.

14 Collected $4,150 on account. The payment included all applicable taxes.

16 Returned to Yamaha Canada Inc. one of the saxophones purchased on November 13, as it was the wrong model. Received a credit memorandum from Yamaha for the full purchase price.

20 Made a payment on account for the amount owing to Fender Supply Limited for the purchase of November 2.

Instructions

Prepare the journal entries to record the Mark's Music transactions?