Shankar Company uses a perpetual system to record inventory transactions. The company purchases 1000 units of inventory on account on February 2 for $33.000 (533 per unit) but then returns 50 defective units on February 5. Record the inventory purchase on February 2 and the inventory return on February 5 (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field) View transaction list Journal entry worksheet Record the purchase of inventory on account, Note: Enter debits before credits Date General Journal Debit Credit February 02 Record the inventory purchase on February 2 and the inventory return on February 5 of no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field) View transaction list Journal entry worksheet Record the return of inventory purchased. Note Enter debit before credits General Journal Debit Credit Date February 05 Record entry Clear entry View general journal