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Rite Shoes was involved in the transactions described below. 1. Purchased $8,800 of inventory on account. 2. Paid weekly salaries, $980. 3. Recorded sales for

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Rite Shoes was involved in the transactions described below. 1. Purchased $8,800 of inventory on account. 2. Paid weekly salaries, $980. 3. Recorded sales for the first week: Cash: $7,700; On account: $5,900. 4. Paid for inventory purchased in event (1) 5. Placed an order for $6,800 of inventory Required: Prepare the appropriate 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

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