At the beginning of October, Bowser Co.'s inventory consists of 56 units with a cost per unit of $44. The following transactions occur during the month of October October 4 Purchase 124 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, $570. October 9 Return 10 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full. October 15 Sell 154 units of inventory to customers on account, $12,320. (Hint: The cost of units sold from the October 4 purchase includes $50 unit cost plus $5 per unit for freight less $1 per unit for the purchase discount, or $54 per unit. 1 October 19 Receive full payment from customers related to the sale on October 15. October 20 Purchase 94 units of inventory from Waluigi Co. for $64 per unit, terms 2/10, n/30. October 22 Sell 94 units of Inventory to customers for cash, $7,520. (Note: For calculating the cost of inventory sold, ignore the possible purchase discount on October 20.) my wc 2. Suppose uy the end of October that the remaining inventory is estimated to have a net realizable value per unit of $35. Record any necessary adjustment for lower of cost and net realizable value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet