The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $205,000 (assume Marchetti uses a perpetual inventory system); (2) paid $52,000 in salaries to employees for work performed during the month; (3) sold inventory on account to customers for $260,000 that had a cost of $144,000;(4) collected $240,000 in cash from credit customers; and (5) paid on account to suppliers of inventory $185,000. Prepare journal entries for each of the above transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 366> Purchased inventory on account for $205,000 (assume Marchetti uses a perpetual inventory system). Note: Enter debits before credits. Journal entry worksheet Paid $52,000 in salaries to employees for warks performed during the month. Note: Enter debits before credits. Journal entry worksheet 6 Record the sale of inventory on account to customers for $260,000. Note: Enter debits before credits. Journal entry worksheet 6 Record the cost of inventory sold for $144,000. Note: Enter debits before credits. Journal entry worksheet Collected $240,000 in cash from credit customers. Note: Enter debits before credits. Journal entry worksheet 1 Paid on account to suppliers of inventory $185,000. Note: Enter debits before credits