Prepare journal entries to record each of inventory system and the gross method. Novenber 5 Purchased 500 units of product at a cost of $12 per unit. Terms of the sale are 5/10,n/60; the invoice is dated Novenber 5 . November 7 Returned 46 defective units from the November 5 purchase and received full credit. November 15 paid the amount due fron the Novenber 5 purchase, minus the return on November 7. Journal entry worksheet 3 Purchased 500 units of product at a cost of $12 per unit. Terms of the sale are 5/10,n/60; the involce is dated November 5 . Note: Enter debits before credits. Journal entry worksheet Returned 40 defective units from the November 5 purchase and received full credit. Note: Enter debits before credits. Journal entry worksheet Paid the amount due from the November 5 purchase, minus the return on November 7. Note: Enter debits before credits