2. On May 12, 2018 Lily Children's Bookstore purchased 5 KC books for $3 each. On June 6, 2018 they purchased 2 more KC books for $5 each for cash. Lily uses the perpetual inventory system. On June 7th, 6 KC books were sold for $10 cash each, for a total sale of $60.00. Part A: Prepare the Journal Entry to record the purchase made on May 12, 2018 for the first five books on account. Account Debit Credit Part B: Prepare the Journal Entry to record the purchase made on June 6, 2018 for the two books purchased for cash. Account Debit Credit Part C: Prepare the Journal Entry to record the cash sale of June 7th. Be sure to record both the sale and cost of sale for the six books sold using the LIFO inventory method. Account Debit Credit