Siatkowski Industries began the year with inventory of $88,000. Purchases of inventory on account during the year totaled $313,000. Inventory costing $338,000 was sold on account for $526,000 Required: Record transactions for the purchase and the sale of inventory on account using a perpetual system, (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the purchase of inventory on account. Notes Lnter debits before tredits. Siatkowski Industries began the year with inventory of $88,000. Purchases of inventory on account during the year totaled $313,000. Inventory costing $338,000 was sold on account for $526,000 Required: Record transactions for the purchase and the sale of inventory on account using a perpetual system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the sale of inventory on account. Note: Enter debits before credict. Siatkowski Industries began the year with inventory of $88,000. Purchases of inventory on account during the year totaied $313,000. Inventory costing $338,000 was sold on account for $526,000. Required: Record transactions for the purchase and the sale of inventory on account using a perpetual system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1