5. Serenity Books as refolowing reactions in August related to merchandise intery Click the foon to view the ratione Read them Determine the cost of products and endnu merthandwet inventory by preparing perpetual inventory and uning specific tertification method Autune the following conting information for the back old during the month August i 3 books on 515 ch August 16 4 boots contre 516 each and Shooting S10 each August 2 booking and hosting 20 ch Start by wrtering the beginning inventory balances Enter the transactions in chronological and calculating new inventory on hand balance after each transaction. Once all the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, old, and on hand at the end of the period (Enter the destinventory Purchase Cast of Goods Sold inventary on Hand Un Total Unit Quantity Cost Cost Quantity Cost Quant Cast Cost Aug 1 Date Cost 1 12 Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Aug 1 3 12 15 20 28 More Info Aug. 1 Aug. 3 Aug. 12 Aug. 15 Aug. 20 Aug. 28 Beginning merchandise inventory, 10 books @ $15 each Sold 3 books @ $20 each Purchased 8 books @ $18 each Sold 9 books @ $20 each Purchased 4 books @ $20 each Sold 5 books @ $25 each Print Done