Record the journal entries for the inventory transactions of Coffee Co for the month of April (Perpetual System): 1. Purchased $20,000 of coffee bean inventory on April 5 with terms 2%/10, net 30 2. Freight cost was $200, terms FOB Shipping Point 3. Some of the coffee beans were burnt and had to be returned (total of $1,000 ) 4. Coffee Co paid the seller the remaining amount owing on April 14 5. Inventory count performed at the end of April and found shrinkage of 20 bags of coffee beans ( $500 worth)