Shankar Company uses a perpetual system to record inventory transactions. The company purchases 1,500 units of inventory on account on February 2 for $40,500 (\$27 per unit) but then returns 100 defective units on February 5 . Record (a) the inventory purchase on account on February 2 and (b) 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.) Journal entry worksheet 2