Shankar Company uses a perpetual system to record Inventory transactions. The company purchases Inventory on account on February 2 for $37,000 and then sells this inventory on account on March 17 for $57.000. Record transactions for the purchase and sale of Inventory. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fleld.) View transaction list View journal entry worksheet No Date General Journal Debit Credit