Check my work 14 Required information [The following information applies to the questions displayed below.] Part 1 of 3 0.66 points eBook At the beginning of October, Bowser Co.'s inventory consists of 65 units with a cost per unit of $35. The following transactions occur during the month of October October 4 Purchase 115 units of inventory on account from Waluigi Co. for $50 per unit, terms 2/10, n/30. October Pay cash for freight charges related to the October 4 purchase, $570. October 9 Return 20 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full. October 15 Sell 145 units of inventory to customers on account, $11,600. (Hint: The cost of units sold from the October 4 purchase includes $50 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 85 units of inventory from Waluigi Co. for $55 per unit, terms 1/10, n/30. October 22 Sell 85 units of inventory to customers for cash, $6,800. (Note: For calculating the cost of inventory sold, ignore the possible purchase discount on October 20.) Print References Required: 1. Assuming that Bowser Co. uses a FIFO perpetual inventory system to maintain its inventory records, record the transactions. (If no View transaction list Journal entry worksheet 1 2 3 3 4 5 6 7 8 9 10 > Record return of 20 defective units from the October 4 purchase and receive credit. Note: Enter debits before credits. General Journal Debit Credit Date October 09 Record entry Clear entry View general journal Journal entry worksheet Record the cost of inventory sold. Note: Enter debits before credits. General Journal Debit Credit Date October 15 Record entry Clear entry View general journal Journal entry worksheet