Required information The following information applies to the questions displayed below! At the beginning of October, Bowser Co.'s inventory consists of 66 units with a cost per unit of $34. The following transactions occur during the month of October October 4 Purchase 114 units of inventory on account from Waluigi Co. for $5e per unit, terms 2/10, n/30. October 5 Pay cash for freight charges related to the October 4 purchase, $445. October 9 Return 25 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full. October 15 Sell 144 units of inventory to customers on account, $11,520. (Hint: The cost of units sold from the October 4 purchase includes $50 unit cost plus $5 per unit for freight less $1 per unit for the purchase discount, or $54 per unit.] October 19 Receive full payment from customers related to the sale on October 15. October 20 Purchase 84 units of inventory from Waluigi Co. for $54 per unit, terms 2/10, n/30. October 22 Sell 84 units of inventory to customers for cash, $6,720. (Note: For calculating the cost of inventory sold, ignore the possible purchase discount on October 20.) Required: 1. Assuming that Bowser Co. uses a FIFO perpetual inventory system to maintain its inventory records, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Answer is not complete. General Journal No Debit Credit Date October 04 1 Inventory Accounts Payable olo 5,700 5.700 2 October 05 445 Inventory Cash 445 3 October 09 200 X Accounts Payable Purchase Returns x 200 X 4 October 12 Accounts Payable Inventory Cash DOO 4,450 89 X 4 361 5 October 15 11,520 Accounts Receivable Sales Revenue 11,520 6 October 15 7,756 * Cost of Goods Sold Inventory 7.756 X 7 October 19 11,520 Cash Sales Revenue x 11 520 8 October 20 4,536 Inventory Accounts Payable 4,536 9 October 22 6,720 Cash Sales Revenue 6.720 10 October 22 5,400 Cost of Goods Sold Inventory 5.400