TB Problem 2-180 (Algo) Rite Shoes was involved in the transactions.. Rite Shoes was involved in the transactions described below 1. Purchased $8,400 of inventory on account 2. Paid weekly salanies, $940. 3. Recorded sales for the first week Cash $7,300; On account $5,500. 4. Paid for inventory purchased in event (1) 5. Placed an order for $6,400 of inventory. Required: Prepare the appropriate joumal entry for each transaction: Note: If no entry is required for a transoction/event, select "No journal entry required" in the first account field