Accounting records for Richmond Corporation yield the following data for the year ended June 30, 2018 (Assume sales returns are non-existent): BE: (Click the icon to view the accounting records.) Read the requirements Requirement 1. Journalize Richmond's inventory transactions for the year under the perpetual system. (Record debits first, then credits. Exclude explanations from any journal entries.) The first transaction is the purchase of inventory. Record the entry Journal Entry Accounts Debit Credit Date 30 Jun L Data Table Inventory, June 30, 2017.... ... Purchases of inventory (on account) ........... Sales of inventory -79% on account: 21% for cash (cost $45,000).... Inventory at FIFO, June 30, 2018 . 9,000 58,000 82,000 22.000 Print Done