8 A company uses a perpetual system to record inventory transactions. The company purchases inventory...
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8 A company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 9. 2021, for $57,000 and then sells this inventory on account on March 7.2021. for $76.000. Record the transactions for the purchase and sale of the inventory. (if no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Journal entry worksheet 1 2 3 Record the purchase of inventory on account. Note: Enter debits before credits General Journal Debit Credit Date Feb 09, 2021 Record entry Clear entry View general journal Journal entry worksheet
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