Match the following transactions to the correct general ledger account $($ignore VAT for the purposes of this question$).$

To account for the cost of goods sold for a credit sale transaction in a periodic inventory system $($the debit leg of the entry$)$

Answer $1$ Question $1$

Cost of sales

Credit purchases in a perpetual inventory system $($the debit leg of the entry$).$

Answer $2$ Question $1$

Inventories

To reflect opening inventory in a periodic inventory system $($the credit leg of the entry$).$

Answer $3$ Question $1$

Choose...

To reflect opening inventory in a perpetual inventory system $($the debit leg of the entry$)$

Answer $4$ Question $1$

Choose...

Close off of purchases within a periodic inventory system $($the debit leg of the entry$)$

Answer $5$ Question $1$

Choose...

Returns $($out$)$ in a periodic inventory system $($the credit leg of the entry$)$

Answer $6$ Question $1$

Choose...

To account for the cost of goods sold for a credit sale transaction in a perpetual inventory system $($the credit leg of the entry$)$

Answer $7$ Question $1$

Choose...

Owner takes goods for personal use in a perpetual inventory system $($the debit leg of the entry$)$

Answer $8$ Question $1$

Choose...

Inventory shortages due to an inventory count in a periodic inventory system.

Answer $9$ Question $1$

Choose...

Cash purchases in a periodic inventory system $($the debit leg of the entry$)$

Answer $10$ Question $1$

Choose...

Import duties in a periodic inventory system $($the debit leg of the entry$)$

Answer $11$ Question $1$

Choose...

Returns $($in$)$ in a periodic inventory system $($the debit leg of the entry$)$

The options to choose from are:

$1)$no entry

$2)$payables

$3)$purchases

$4)$bank

$5)$returns in

$6)$inventories

$7)$cost of sales

$8)$sales

$9)$import duties

$10)$drawings

$11)$returns out

$12)$loss on inventory shortages