Required information

$[$The following information applies to the questions displayed below.$]$

At the beginning of November, Yoshi Inc.$\text{'}$s inventory consists of $59$ units with a cost per unit of $$95.$ The following transactions occur during the month of November.

November $2$ Purchase $100$ units of inventory on account from Toad Inc. for $$100$ per unit, terms $\frac{2}{10},\frac{n}{30}.$

November $3$ Pay cash for freight charges related to the November $2$ purchase, $$300$

November $9$ Return $25$ defective units from the November $2$ purchase and receive credit.

November $11$ Pay Toad Inc. in full.

November $16$ Sell $100$ units of inventory to customers on account, $$13,900.$

$[$Hint: The cost of units sold from the November $2$ purchase

includes $$100$ unit cost plus $$4$ per unit for freight less $$2$ per unit for the purchase discount, or $$102$ per unit.$]$

November $20$ Receive full payment from customers related to the sale on November $16.$

November $21$ Purchase $69$ units of inventory from Toad Inc. for $$105$ per unit, terms $\frac{1}{10},\frac{n}{30}.$

November $24$ Sell $90$ units of inventory to customers for cash, $$9,000.$

Required:

Assuming that Yoshi Inc. uses a FIFO perpetual inventory system to maintain its internal inventory records, record the transactions. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

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Record purchase of $100$ units of inventory on account from Toad Inc. for $$100$ per unit, terms $\frac{2}{10},\frac{n}{30}.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[\backslash$table$[[$November$],[02]],,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$