On June 5, Staley Electronics purchases 140 units of inventory on account for $14 each. After closer examination, Staley determines 20 units are defective and returns them to its supplier for full credit on June 9. All remaining Inventory is sold on account on June 16 for $23 each. Required: Record transactions for the purchase, return, and sale of inventory assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 4 Record the return of inventory purchased. Note: Enter debits before credits Date June 09 Debit Credit General Journal Cost of Goods Sold Accounts Receivable 280 280