3 A company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 9. 2021, for $59.000 and then sells this inventory on account on March 7, 2021, for $80,000 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.) View transaction list 8 01:40.39 Print Journal entry worksheet 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 Print