ecording Purchases and Sales bral omoe Products sells computer printers and printer supples. One of its products is a toner cartridge laser printers. At the beginning of 2013, there were 200 cartridges on hand at a cost of $60 ea uring 2013, for that 10 cartridges were defective and returned them to the supplier Cabral also sold 800 Cabral omon Products purchased 1.400 cartridges at $60 each. After inspection, Cabral determined rtridges at $85 each and sold an additional 750 cartridges at $102 each after a midyear selling price increase. customers retumed 15 of the cartridges that were purchased at $102 to Cabral for iscellaneous reasons. Assume that Cabral omce Products uses a perpetual inventory system Prepare summary journal entries to record the purchases, sales, and returm ofimventory Assume that alpurchases and sales are on credit but no discounts were ofered. Make journal entresin the ord transactions are presented above. Record the entry for the purchases during the year (Purchased inventory on account) ecord the entry for the return, by adding machine supply, of the cartridges to its supplier, IRecorded return of defective cartridges sold)