S5-7 (open response) Question Help * On November 4 2018, Cane Company sold merchandise inventory on account 10 Teal wholesaler $14.500 that cost $5.600. Terms 1 / 10, / 30. On November 5 2018 Teal November 13, 2018. (Assume both companies use a perpetual inventory system and that sales are recorded at the net amount) holesalers paid shipping of $40. Teal wholesalers paid the balance 10 Cane Company on Read the requirements. Requirement 1. Joumaize Teal Wholesalers November transactions. (Recond debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefuly and do not abbreviate. Now. 4: Purchased merchandise inventory on account from Cane Company for $14,500, terms 1/10, n30. Date Debit Credit Nov. 4 2 Jaurnalize Cane Company's Novernber transactions. Print Done Choose from any list or enter any number in the input fields and then click Check Ansver