WORK Bo-consexternal browser-0&launchUrl https%253A%252F%252Fblackboard.waketech.edu%252F webapps%252Fblac Sel 2 1 Help Save & Ext Submit Check my work Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $54,000. Purchases of inventory on account during the year totaled $309,000. Inventory costing $334,000 was sold on account for $518,000. Required: Record transactions for the purchase and sale of inventory. (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 Record the purchase of inventory on account. Note: Enter debits before credits Transaction General Journal Debit Credit > < Prev 19 of 25 Next > O