White industries began the year with inventory of $82,000. Purchases of inventory on account during the year totaled $307,000. Inventory costing $332,000 was sold on account for $514,000. Required: Record transactions for the purchase and the sale of inventory on account using a perpetual system. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) Journal entry worksheet Record transactions for the purchase and the sale of inventory on account using a perpetual system, (If no entry is fequired for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the sale of inventory on account. Wote: Enter debis before credits. Required: Record transactions for the purchase and the sale of inventory on account using a perpetual system. (If no entry is required for ransaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet