Take me to the text The Only Shirt Wholesalers spent $11,500 to purchase 1,000 shirts from a shirt manufacturer as inventory. Hip Hop Shirt Retailers purchased 1,000 shirts for $16,500 from The Only Shirt Wholesalers on September 16, 2019. Payment is due on October 16. Both companies use the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Required a) Prepare the journal entry for Hip Hop Shirt Retailers on September 16. Date 2019 Account Title and Explanation Sep 16 Purchased inventory Debit Credit