The first six pictures are for a perpetual system and the last six pictures are for a periodic system calculation.

The following information is available for the Johnson Corporation Beginning inventory Inventory purchases on account) Freight charges on purchases (paid in cash) Inventory returned to suppliers (for credit) Ending inventory Sales on account) Cost of inventory sold $ 25,000 155.ee 10,00 12.00 30, 250,00 14, Required: Applying both a perpetual and a periodic inventory system prepare the journal entries that summarize the transactions that created these balances include all end-of-penod adjusung entries indicated. Complete this question by watering your answers in the tabs below. noer Perpetual System Periodic System Applying a perpetual inventory system prepare the journal entries that summarize the transactions that created these balances. Include Sil end-of-period adjusting entries indicated. If neentry required for transaction select "No journal entry required in the first accountfield View transaction list Journal entry worksheet 1 2 3 5 6 Record merchandine purchased on account for 5155.000 Note Enter debits before Transactie Genel Journal CH Record entry Ciar entry Virwa jual Periodic System> We all end-ofperiod adjusting entries indicated, fine enter is required for a transaction/event, select Mo account field, View transaction list Journal entry worksheet 3 4 5 6 > Record the payment of $10,000 in cash for freight charges. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal Periodic System ces Perpetual System Periodic System Applying a perpetual inventory system, prepare the journal entries that summarize the transactions tha all end-of-period adjusting entries indicated. (If no entry is required for a transaction/event select No account field View transaction list Journal entry worksheet > Mc GIAN Perpetual System Periodic System Applying a perpetual inventory system, prepare the journal entries that summarize the transactions th. all end-of-period adjusting entries indicated. (if no entry is required for a transaction/event, select No account field. View transaction list Journal entry worksheet 1 2 3 5 ta 6 Gl Record sales on account of $250,000. Noter Enter debits before credits Transaction General Journal Debit Credit 4 Record entry Clear entry View general journal PS Periodic System> Complete this question by entering Perpetual System Periodic System Applying a perpetual inventory system prepare the journal entries that summarize the transactions that all end-of-period adjusting entries Indicated. (If no entry is required for a transaction/event, select "No jou account field.) View transaction list Journal entry worksheet 1 2 3 4 6 Record cost of merchandise sold of $149,000. Note: Enter debits before credits Transaction General Journal Debit Credit 5 Record entry Clear entry View general journal Fees Periodic System > aw Perpetual System Periodic System Applying a perpetual inventory system, prepare the journal entries that summarize the transactions that all end-of-period adjusting entries indicated. (fino entry is required for a transaction/event select "No account field.) View transaction list Journal entry worksheet e here to search Perpetual System Periodic System Applying a periodic inventory system, prepare the journal entries that summarize the transactions that all end-of-period adjusting entries indicated. (If no entry is required for a transaction/event selectNo account field.) View transaction list Journal entry worksheet 1 2 3 5 6 > Record merchandise purchased on account for $55,000. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Perpetual System Periodic System Applying a periodic inventory system prepare the journal entries that summarize the transactions th all end-of-period adjusting entries indicated. (if no entry is required for a transaction/event, select " account field) View transaction list Journal entry worksheet 3 4 5 6 Record the payment of $10,000 in cash for freight charges. Notes Enter debits before credits Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal Record sales on account of $250,000. Noter Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Perpetual System Pentic Store Mc ca Perpetual System Periodic Systern Applying a periodic inventory system prepare the journal entries that summarize the transactions tha all end-of-period adjusting entries indicated. (If no entry is required for a transaction/event, select 'N account field.) View transaction list Journal entry worksheet K 2 3 4 15 6 A Record cost of merchandise sold of $148,000. Note Enter debits before credits Transaction General Journal Debit Credit 5 Record entry Clear entry View general journal