Saved Help Rite Shoes was involved in the transactions described below. 1. Purchased $9,700 of inventory on account. 2. Paid weekly salaries and wages, $1,070. 3. Recorded sales for the first week: Cash: $8,600; On account: $6,800. 4. Paid for inventory purchased in event (1). 5. Placed an order for $7,700 of inventory. Required: Prepare the appropriate journal entry for each transaction. (If no entry is requi transaction/event, select "No journal entry required" in the first account fiel View transaction list Journal entry worksheet 3 4 Purchased $9,700 of inventory on account. Note: Enter debits before credits. Event General Journal Debit Cred