Exercise 6-7B Record inventory purchase and purchase return using a perpetual system (LO6-5) On June 5, a company purchases 130 units of Inventory on account for $13 each. After closer examination, the company determines 30 units are defective and returns them to its supplier for full credit on June 9. All remaining inventory is sold on account on June 16 for $21 each Required: Record transactions for the purchase, return, and sale of inventory assuming the company uses a perpetual inventory system (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) SEE View transaction list View journal entry worksheet Credit No General Journal Date June 05 Debit 1,690 1 Inventory Accounts Payable 1,690 2 June 09 Accounts Payable Inventory 3 June 16 Accounts Receivable Sales Revenue 4 June 16 Cost of Goods Sold Inventory