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A. the begianing of July, CD City has a balance in inventory of $3,000. The following trassactions occur during the moneh of July July 3 kurehape et on aceount tros wholenale Misie tar 11,300 , ternt 1/14,n/30. Faly i Fay eash tor trelqht eharges related te the duly 3 purehase troe wholasale muaie. M120. Joly i1 pay wholanale wiake in tul1. 3uly is Reoeive tull payenes rroe eusteders related to the eale en Jaly 1f. duly a2 Bel1 coe to eustuens tor eavk, 13, 600, that had e epek of 32,100 . july as hotarn cos te nusie dupely and reseive credie of azd. July 30 hay wale bupely in fall. Required: 1. Assuming that CD City uses a perpetual inventory system, record the transactions 2. Prepare the top tecton of the multiole-step income statement through gress profit for the mocth of July Compiete this question by entering your answers in the tabs below. hovenan that co city uses a perpetual aceons feld? Assuming thot co City uses a perpetual inventory system, record the transactions, tif ne endry is required for a barsactionjevent, seiect. "Na Joumai Entry Reguired" in the first account hed.) Journal entry worksheet 234567612> Hecord purchase of cos on eccouet from Whilesale Mutic for 41,900 , terens 1/10,N30. Mutei Crber itetetatetori oedra