On October 1, the Sun and Bicycle Store had an Inventory of 26 ten speed bledes at a cost of $160 each. During the month of October, the following transactions occurred. Assume Sunland uses a perpetual Inventory system Oct 4 Purchased 199 bicydes at a cost of $150 each from the Nixon Bycle Company, terma 2/10, 1/30 5 Pald freight of 51.000 on the October purchase 6 Sold 16 beydet from the October twentory to Team America for $200 each terms 2/10, 1/30 >> Recewed credit from the Niyon Bicycle Company for the return of 27 defective bileyelet, 13 hund a credit momo te Team America for the return of a selective biyede #4 Poid Neon Blvcle Company in tutte les discount Prepare the journal entries to record the transactions assuming the company esa perpetual inventory system. (Ondit account the are automatically indented when the amount is entered. Do not indent morbly, Round enters to decimal places es 2.520. Recond Journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit (Torcord credite (to record cost of good) III II IIII II DONE III II IIII II DIODO