6.13 Journal entries - perpetual inventory system Schofield's Stores carried out the following transactions relating to a single product in October. Oct. 5 Purchased 100 units for $60 each on credit. 11 Returned 6 units which were unsuitable. 13 Sold 112 units for $90 each on account. 19 A customer returned 3 units sold on 13 October. 26 Sold 35 units for $90 each on account. Required 1. Prepare general journal entries to record the transactions, assuming that a perpetual inventory system is used. The beginning inventory on 30 September consisted of 80 units at $60 cost each. Ignore GST