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Question 3 (13 Marks): Indus company is operating in Ontario (HST rate 13%). On April...

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Accounting

Question 3 (13 Marks): Indus company is operating in Ontario (HST rate 13%). On April 1, 2023, Indus purchased from a supplier $140,000 of Inventory on account. On May 15, 2023, Indus sold an inventory of $100,000 cash, which included $70,000 COGS for the inventory. On June 15, Indus remitted the applicable HST to the government. (There was no HST included in the above transactions.) Required: Journalize Indus company's transactions on April 1, 2023, May 15, 2023, and June 15, 2023, including applicable HST.

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