At the beginning of October, Bowser Co.'s inventory consists of 54 units with a cost per unit of $46. The following transactions occur during t month of October October 4 Purchase 126 units of inventory on account from Waluigi Co. for $50 per unit, terms 2/10. n/30. October 5 Pay cash for freight charges related to the October 4 purchase, $696. October 9 Return 10 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full. October 15 Sell 156 units of inventory to customers on account, $12,480.(Hint: The cost of units sold from the October 4 purchase includes unit cost plus $6 per unit for freight less $1 per unit for the purchase discount, or $55 per unit.) October 19 Receive full payment from customers related to the sale on October 15. October 20 Purchase 96 units of inventory from Waluigi Co. for $66 per unit, terms 1/10,n/30. October 22 Sell 96 units of inventory to customers for cash, $7,680. Required information 12. 10.00 points Required: 1. Assuming that Bowser Co. uses a FIFO perpetual inventory system to maintain its inventory records, record the transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list View journal entry worksheet Credit General Journal No 1 Date October 04 Debit 6,300 Inventory