The Skywalker Podracer Company entered into the following transactions during the month of May: (1) purchased inventory on account for $215,000 (assume Skywalker uses a perpetual inventory system); (2) paid $54,000 in salaries to employees for work performed during the month; (3) sold merchandise that cost $148,000 to credit customers for $270,000; (4) collected $250,000 in cash from credit customers, and (5) paid suppliers of inventory $195,000. Prepare journal entries for each of the above transactions. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 2 3 4 5 6 > Purchased inventory on account for $215,000 (assume Marchetti uses a perpetual inventory system). Note: Enter debits before credits. Transaction General Journal Debit Credit (1) View transaction list Journal entry worksheet Paid $54,000 in salaries to employees for work performed during the month. Note: Enter debits before credits. Transaction General Journal Debit Credit (2) Journal entry worksheet Sold merchandise to credit customers for $270,000. Record the sale. Note: Enter debits before credits. Transaction General Journal Debit Credit (3a) Journal entry worksheet Collected $250,000 in cash from credit customers. Note: Enter debits before credits. Transaction General Journal Debit Credit (4) Journal entry worksheet Paid suppliers of inventory $195,000. Note: Enter debits before credits. Transaction General Journal Debit Credit