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Fortune Apple Shoe Buyers (FASB) engaged in the transactions below. 1. Purchased $9,500 of inventory on account 2. Paid weekly salaries, $1,050. 3. Recorded sales

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Fortune Apple Shoe Buyers (FASB) engaged in the transactions below. 1. Purchased $9,500 of inventory on account 2. Paid weekly salaries, $1,050. 3. Recorded sales for the first week: Cash: $8,400; On account: $6,600. 4. Paid for inventory purchased in event (1). 5. Placed an order for $7,500 of inventory. Required: Prepare the appropriate journal entry for each transaction (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 Recorded sales for the first week: Cash: $8,400; On account: $6,600. Note: Enter debits before credits Event General Journal Debit Credit 3 Record entry Clear entry View general Journal required" in the first account field.) View transaction list Journal entry worksheet Paid for inventory purchased in event (1). Note: Enter debits before credits Event General Journal Debit Credit 4 Record entry Clear entry View general Journal Prepare the appropriate journal entry for each transaction. (If no entry is required for a transaction/e required" in the first account field.) View transaction list Journal entry worksheet Placed an order for $7,500 of inventory. Note: Enter debits before credits. Event General Journal Debit Credit 5 Record entry Clear entry View general journal

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