On October 3, 2018, Food-N-Stuff Wholesalers purchased $2,590 worth of dried fruit inventory and paid $410 for freight charges on account. On October 22, Food-N-Stuff Wholesalers sold all of the dried fruit inventory to Retail Grocers for $4,070 on account. Food-N-Stuff Wholesalers uses the perpetual inventory system.

Do not enter dollar signs or commas in the input boxes. For the sale of inventory transactions, enter the revenue transaction first.

Prepare the journal entries for Food-N-Stuff Wholesalers on October 3 and 22 respectively. \begin{tabular}{|c|c|c|c|} \hline Date & Account Title and Explanation & Debit & Credit \\ \hline \multicolumn{4}{|l|}{2018} \\ \hline \multirow[t]{3}{*}{ Oct 3} & & & \\ \hline & & & \\ \hline & Purchased inventory on account & & \\ \hline \multirow[t]{3}{*}{ Oct 22} & ^ & & \\ \hline & ^ & & \\ \hline & Sold inventory on account & & \\ \hline Oct 22 & ^ & & \\ \hline & ^ & & \\ \hline & COGS for the sale & & \\ \hline \end{tabular}