_{please assist with the solutions for the answers marked wrong}

October 12 4,500 Accounts Payable Inventory Cash 110 4,440 October 15 11,200 Accounts Receivable Sales Revenue 11,200 October 15 5,880 X Cost of Goods Sold Inventory OOO OOO 5,880 % October 19 11,200 Cash Accounts Receivable 11,200 October 20 4,000 Inventory Accounts Payable 4,000 October 22 6,400 Cash Sales Revenue 6,400 10 October 22 4,420 X Cost of Goods Sold Inventory 4,420 X Required information Problem 6-6A Record transactions using a perpetual system, prepare a partial income statement, and adjust for the lower of cost and net realizable value (LO6-2, 6-3, 6-4, 6-5, 6-6) (The following information applies to the questions displayed below.) At the beginning of October, Bowser Co.'s inventory consists of 70 units with a cost per unit of $30. The following transactions occur durina the month of October October 4 Purchase 110 units of inventory on account from Waluigi Co. for $50 per unit, terms 2/10, n/30. October 5 Pay cash for freight charges related to the October 4 purchase, $630. October 9 Return 20 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full. October 15 Sell 140 units of inventory to customers on account, $11,200. (Hint: The cost of units sold from the October 4 purchase includes $50 unit cost plus $7 per unit for freight less $1 per unit for the purchase discount, or $56 per unit. ] full payment from customers related to the sale on October 15. October 20 Purchase 80 units of inventory from Waluigi Co. for $50 per unit, terms 3/10, n/30. October 22 Sell 80 units of inventory to customers for cash, $6,400