Required Information [The following information applies to the questions displayed below.] At the beginning of November, Yoshi Inc.'s inventory consists of 65 units with a cost per unit of $95. The following transactions occur during the month of November. November 2 Purchase 66 units of inventory on account from Toad Inc. for $100 per unit, terms 2/10, n/30. November 3 Pay cash for freight charges related to the November 2 purchase, $330. November 9 Return 11 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, $12,500. [Hint: The cost of units sold from the November 2 purchase includes $100 unit cost plus $6 per unit for freight less $2 per unit for the purchase discount, or $104 per unit.] November 20 Receive full payment from customers related to the sale on November 16. November 21 Purchase 55 units of inventory from Toad Inc. for $105 per unit, terms 1/10, n/30. November 24 Sell 70 units of inventory to customers for cash, $7, ehe. (Note: For calculating the cost of inventory sold, ignore the possible purchase discount on November 20.) Record the cost of inventory sold. Note: Enter debits before credits. Date November 24 General Journal Debit Credit