orations U The following came from the purchase and sales records of Isaac Co. for item DVD Quantity Per unit Total Balance, January 1 2,000 P 24.00 48,000 Purchases : February 14 4,000 25.60 102,400 Jun 26 1,000 26.50 26,500 Nov 03 3,000 28.00 84.000 Sales: May 27 3,200 37.00 118.400 Dec 09 2,800 38.00 106,400 Requirement: Based on the given information, prepare inventory subsidiary ledgers and Journalize the above transaction assuming it uses a perpetual system to answer the questions below. Journalize the above transaction assuming that Padz uses the perpetual system and Moving weighted average. Assume sales and purchases are on account. Use the following accounts provided for your journal. Round of to the nearest hundredth (ex 1,234.56) and if there is no decimal in the journal do not input .00 just type the amount (ex 1,000). Accounts Payable Accounts receivable Cost of goods sold Merchandise Inventory Sales Question 12 1 pts Feb 14 Debit Credit Question 13 2 pts May 27 Debit Credit Debit Credit