On 1 October 2018, Mr Shaun started a business of buying and selling solar panels in Batu Kawan, Pulau Pinang. During October and November 2018, the following transactions occurred pertaining to solar panels Model PAL2828 Date Oct 15 Transactions Purchase 12 panels on credit at RM950 each from Worldwide Solar Paid RM960 by cheque for freight charges Oct 16 Oct 25 Sold 7 panels on credit for RM1.950 each to Rainbow Tech Invoice term 3/20, n/30 Nov 1 Rainbow Tech returned one defective panel to the business Nov 12 Rainbow Tech made full settlement by cheque Required Prepare the journal entries to record the above transactions using the perpetual inventory system. Narration is not required (10 marks