NovakLtd. had beginning inventory of 51 units that cost $100 each. During September, the company purchased 208 units on account at $100 each, returned 7 units for credit, and sold on account 157 units at $201 each. Prepare journal entries for the September transactions, assuming that Novak uses a perpetual inventory system. /Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Of for the amounts. List all debit entries before credit entries.) account titles and enter 0 for the amounts. List all debit entries before credit entries.) Question 6 of 12 (10 1Ecent purcriase vir accuant) Accounts Payable Inventory (To record purchase return) Accounts Receivable Sales Revenue (To record sales on account) Cost of Goods Sold 15700 Inventory (To record cost of goods sold) Prepare journal entries for the September transactions, assuming that Novak uses a periodic inventory system. (Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. List all debit entries before credit entries.) (To record purchase on account) (To record purchase return) (To record sales on account)