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Cambridge Technologies Inc. began 2020 with inventory of $10.000. During the year. Cambridge purchased Inventory 120.000 and told goods for 106,000 torson tout Cartridge ended

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Cambridge Technologies Inc. began 2020 with inventory of $10.000. During the year. Cambridge purchased Inventory 120.000 and told goods for 106,000 torson tout Cartridge ended the year with $36.000 Joumalize all the necessary transactions under the periodic inventory wystem Requirement 1. Journale il the necessary transactions under the periodic inventory system (Record dubits first, then credits. Buplanations are not required) First, Journal the inventory purchase Journal Entry Accounts Debit Credit Joumalize the sales ansaction Journal Entry Accounts Debit Cred Journaline the end of period tries Begin by closing out beginning inventory any number in the input fields and then continue to the next

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