January 2 Sold 8 shovels on account at a selling price of $12 per unit. January 16 Sold 13 shovels on account at a selling price of $12 per unit. January 18 Bought 5 shovels on account at a cost of $4 per unit. January 19 Sold 13 shovels on account at a selling price of $12 per unit. January 24 Bought 13 shovels on account at a cost of $4 per unit. January 31 Counted inventory and determined that 16 units were on hand. pare the journal entries that would be recorded using a perpetual inventory system, includ t might be needed. (If no entry is required for a transaction/event, select "No Journal Ent d.) ew transaction list ournal entry worksheet 1 2 3 4 7 8 9 > Record the cost of goods sold under the perpetual inventory system. ote: Enter debits before credits. Date January 02 General Journal Debit Credit 8 Accounts Payable Accounts Receivable