May of the current year. Sierra Company uses a perpetual inventory system. May 1. Purchased 50 units on account from American Co., $105 per unit, terms FOB destination, 2/10,n/30 5. Purchased 70 units from Yuba Co., S112 per unit, terms FOB destination, 2/10, n/30 7. Sold 60 units on account to Folsom Co., sell price $200 per unit, terms 2/10, n/30. 8. Purchased office supplies on account, $250. 10. Paid American Co. for purchase of May 1. 14. Purchased 50 units at price of $115 per unit from Woodland Supply for cash. 16. Paid employees for 2 weeks of work total was $1500 16. Received payment from Folsom Co. 17. Purchased 45 units at price of $107 per unit from Lassen Co. Terms 2/10 n EOM 19. Sold 70 units on account to Elk Grove Co for S200 per unit terms 2/10 n/30. 22. Sold 75 units on account to Truckee Co, for $250 per unit terms 2/10 1/30. 25. Provided an allowance to Truckee for $300 31. Received Payment from Elk Grove Co 31. Received Payment from Truckee Co 31. Paid Lassen Co. 31. Upon completing a count Sierra found they had $100 in inventory shrinkage T-Mobile Wi-Fi 12:44 AM 28% Notes Post the transactions to a journal entry and create a FIFO LIFO and weighted average table 0