3 of 4 Date Explanation Units Unit Cost/Price Nov. 1 Beginning inventory 32 $296 5 Purchases 25 301 12 Sales (42) 482 19 Purchases 40 306 22 Sales (50) 493 a 25 Purchases 32 311 37 (a1). (a2) Prepare journal entries to record purchases (on account) and sales (cash) for Powder in a perpetual inventory system using average cost. (Round answers to 2 decimal places, e.g. 15.25. List all debit entries before credit entries. Credit account titles are