nsider the following transactions for Lil Squirt Toys: (Click the icon to view the transactions.) 1 More Info Jul. 7 Lil Squirt Toys buys $141,800 worth of PegaBlock toys on account with credit terms of 2/10, n/30. 12 Lil Squirt Toys returns $14,100 of the merchandise to PegaBlock due to damage during shipment. 15 Lil Squirt Toys paid the amount due, less the return and discount. Print Done oose from any list or enter any number in the innut fields and then continue to the next destinn : Question Help Consider the following transactions for Lil Squirt Toys: A Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Lil Squirt Toys? Requirement 1. Journalize the purchase transactions. Explanations are not required. (Assume the company uses a perpetual inventory system. Record debits first, then credits. Exclude explanations from journal entries.) Jul. 7: Lil Squirt Toys buys $141,800 worth of PegaBlock toys on account with credit terms of 2/10, n/30. Date Accounts Debit Credit Jul. 7 Consider the following transactions for Lil Squirt Toys: A Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Lil Squirt Toys? Jul. 12: Lil Squirt Toys returns $14,100 of the merchandise to PegaBlock due to damage during shipment. Date Accounts Debit Credit Jul. 12 Jul. 15: Lil Squirt Toys paid the amount due, less the return and discount. Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Consider the following transactions for Lil Squirt Toys: A (Click the icon to view the transactions.) Requirements 1. Joumalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Lil Squirt Toys? Jul. 15: Lil Squirt Toys paid the amount due, less the return and discount. Date Accounts Debit Credit Jul. 15 Requirement 2. In the final analysis, how much did the inventory cost Lil Squirt Toys? The inventory cost for Lil Squirt Toys is $ Choose from any list or enter any number in the input fields and then continue to the next