Check my wc [The following information applies to the questions displayed below.) Kangaroo Jim Company reported beginning inventory of 320 units at a per unit cost of $20. It had the following purchase and sales transactions during the year: Jan. 14 Sold 240 units at unit sales price of $40 on account. Apr. 9 Purchased 230 additional units at a per unit cost of $20 on account. Sept. 2 Sold 250 units at a sales price of $45 on account. Dec. 31 Counted inventory and determined 60 units were still on hand. Required: b. Record each transaction, assuming that Kangaroo Jim Company uses a periodic inventory system. (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 3 4 1 2 5 6 7 Record the sale of 240 units at $40 on account. Note: Enter debits before credits Date Jan. 14 General Journal Debit Credit