! Required information [The following information applies to the questions displayed below.] Stolte Trimble Corporation (STC) uses a perpetual inventory system. At the beginning of May, STC had 40 units of inventory, of which 20 units were purchased in March for $98 per unit and 20 units were purchased in April for $104 per unit. STC uses its perpetual Inventory system to account for the following transactions. May 2 STC shipped 35 units of inventory to customers for $188 per unit, on credit terms n/60, FOB shipping point. May 4 STC purchased and received 30 units of inventory for $108 per unit, on credit terms n/45. May 8 STC shipped 30 units of inventory to customers for $188 per unit, on credit terms n/60, FOB shipping point. Assume Stolte Trimble Corporation (STC) uses weighted average cost in its perpetual inventory system. Prepare the journal entry for each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the sale of units to customers on credit terms n/60. Note: Enter debits before credits. Date May 02 General Journal Debit Credit Record entry Clear entry View general journal > Assume Stolte Trimble Corporation (STC) uses LIFO in its perpetual inventory system. Prepare the journal entry for each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the sale of units to customers on credit terms n/60. Note: Enter debits before credits. Date May 02 General Journal Debit Credit Record entry Clear entry View general journal >