Riverbed Inc. has provided you with the following information. This company purchases its inventory from a supplier for cash and has only cash sales Riverbed uses the average cost formula in a perpetual inventory system. Increased competition has recently reduced the price of the product. Unit Price Date Apr. Unit Cost $78 89 1 Units 50 110 (130 120 Explanation Beginning inventory Purchases Sales Purchases Sales Purchases $116 8 15 20 27 70 11201 96 20 (a) Your answer is partially correct. Prepare all journal entries for the month of April for Riverbed. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 2 decimal places, eg 1.25. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation April 1 6 8 (To record sales) B IN DIN (To record cost of goods sold) 15 20 (To record sales) 20 (To record the inventory sold) 27