James \& Company uses a perpetual inventory system. The following information is available for November: Assume all sales and purchases are on credit. (b) 6 Your answer is partially correct. Prepare journal entries to record theNovember 4 purchase and the November 12 sale using weighted average. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the. account titles and enter 0 for the amounts. Round the weighted average cost per unit to 2 decimal olarpe oa 527