NU The followings are the merchandise transactions happened under perpetual inventory system 1 1. Jun 20 Sold merchandise to SW Inc for $7.000 term 2/5 1/15 FOB (COST of SALES K 56250) 2 2-Jun-20 Purchased 53500 of merchandise from AMRS Supplier 110 w20. FOB 3 4-Jun-20 Purchased 514,500 inventory from Bombay Sales 115, 1/45 FOB 4 5-Jun-20 Sold merchandise to GoldenArch Inc, for $11,000 term 2/5, V15 FOB (Cost of sales is 59,000) 5 6-Jun-20 Collected the amount owing from SW Inc regarding the Jun1 sales 6 12-Jun-20 Paid AMRS Supplier for Jun2, 2020 purchase 7 20-Jun-20 Collected the amount owing from GoldenArch Inc 8 30-Jun-20 Paid Bombay Sales for the Jun4 purchase Please make entries for the above transactions