Chapter 6 Assessment Hels A company has the following transactions during March 00 March Purchases inventary on account for $3,400, 4/10, 10 Marchs Pays Freight costs of an inventory purchased on March March turns inventory with a cost of $100 March 12 Pays the full amount due on March 3 purchase March 29 Sells all inventory purchased on March (less the returned arch) for 15, Record all transactions, including the month-end adjustment to cost of goods sold assuming the companyutes a periodic Inventory system and has no beginning inventory. Of no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field) Viewransaction Journal entry worksheet 2 5 > Record month and adjustment Note debitore credits Mar 31 Clementy View transaction list Journal entry worksheet Record sale of all inventory purchased on March 3 (less those returned on March 6) for 55,400 on account. Notel Enter debits before credits General Debut Credi Dati March 20 Record entry Clear etry View general journal View transaction lisa Journal entry worksheet