Accounting records for Rockford Corporation yeld the folowing data for the year ended June 30, 2021 (assume sales returns are nonexistent): (Csck the lcon to view the acoounting records.) Read the Requirement 1. Joumalize Rockilord's inventory transactions for the year under the perpetual system (Record deblits first, then credes. Exclode explanations from any journal entries.) The first transaction is the putchase of inventory. Recerd the entry. (Click the icon to view the accounting records.) ad the requirements. quirement 1. Journalize Rockford's inventory transactions for the year under the perpetual system. (Record debits first, then credits. Exclude explanatio e first transaction is t Requirements 1. Journalize Rockford's inventory transactions for the year under the perpetual system. 2. Report ending inventory, sales, cost of goods sold, and gross profit on the appropriate financial statement. requirements. hent 1. Journ ransaction is Data table