Inventory Transaction Journal Entries (20 points total): At the beginning of March, Bob Dog Company has the following account balances: Cash Accounts Receivable Inventory (1000 units) Accounts Payable Wages Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Wages Expense Debite $100,000 Credits $20,000 $25,000 $20,000 $5,000 $50,000 $30,000 $40,000 $10,000 $10,000 $155,000 $155,000 Part 1: Complete the journal entries for each of the following transactions. Assume a FIFO periodic inventory method. Dr. Cr. a) March 5th: Bob Dog Company receives and pays cash for 200 units of inventory that cost $26 per unit. b) March 6: Bob Dog Company returns 50 units of inventory and receives a corresponding return of cash in the amount of $1,300.