Merchandise inventory purchase transactions - Perpetual Method. Purchased Inventory: On June 16, Bridger Company bought 12 units of merchandise on account from XYZ Company. The purchase cost of the merchandise to Bridger Co. is $700 per unit. Sold Inventory: On June 25, Bridger Company sold 8 units of merchandise on account to Big Sky Inc. for the selling price of $1,100 per unit. Required: 1. Show the effect of transactions posted to T-accounts for these transactions. 2. Show the effect that the purchase transaction and sales transaction has on the accounting equation. 2) Assets = Liabilities + Equity Purchased 12 units (9 \$700; = on Account: Sold 8 units @ $1,100; = = TOTAL EFFECT: =