On November 30, 2020, Carl's Jeweton pechased invertory of 509,000 account om Hudem, a jewifery importer Time2/15, One that we und 500 worth at that were not ordered but included in the invece, Geraldseeds amont of merchandise to atsion on December 4 on December 14. Geopold Hun Required 1. Journare all necessary transactions for Gerald's Jewellers, which uses the perpetual inventory system Explanation are not required 2. Joumalize the transactions of Hudson Gems which was the perpetual entory Motions margin 25 percent to cost of goods solida 75 percent of sales Explanations wereld Requirement 1. Joumalito al necessary wansactions for Getald's Jeweller, which we the perpetual eventory womplanations we not Luts start by recording the November 30 receipt and invoice of vetery (Record debits ties, then credits. Exclude uplanations from ournaletes. Round amounts to the maiest whole della