Please record the entries for the inventory transactions below Perpetual Inventory System
Oct Business purchased $ of inventory from GSCs Inc.. Terms n FOB
Oct Business sold $ inventory to NCE's Inc., the cost is $ Terms n FOB
Oct Business returned defective $ inventory back to GSCs Inc.
Oct Business paid delviery $ for the inventory sales to NCE's Inc.
Oct Business issued a credit memo $ to NCE's Inc., regarding the sales discount on Oct
Oct business purchased inventory $ from Bob's Ltd Terms: n FOB
Oct Business paid the GSCs Inc. in full.
Oct Business Received NCE's Inc's money.
Oct paid Bob's Ltd for the Oct purchase.
Please use the lecture notes as a reference to complete all the entries under the perpetual inventory system if any entry is calculation related, please also indicate the calculation details
