Use the FIFO perpetual inventory record for Music Unlimited below to journalize Music Unlimited's Nov 8 purchase of inventory on account and cash sale on Nov 17 (sale price of each guitar was $1,720) (Click the icon to view the FIFO perpetual inventory record.) Inco Record the purchase of guitars on the 8th (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Date Accounts Debit Credit Nov 8 Inventory 8.760 Accounts Payable 8.760 Record the cash sale of guitars on the 17th Begin by recording the sale transaction only Journal Entry Debit Credit Date Accounts Nov Clear all Check answer wator Inventory record Date Quantity Unit Cost Total Cost Nov 3 940 2,820 (940) 940 Bal 2 940 1,880 8 10 876 8,760 Bal 12 10.640 17 940 (2) (2) (1.880) (1.752) 17 876 Bal 8 876 7 008 5 30 876 4.380 End Iny 13 11 388 Print Done r Ask my instructor