Exercise 6-6(Algo) Record inventory transactions using a perpetual system (LO6-5) Siatkowski industries began the year...

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Exercise 6-6(Algo) Record inventory transactions using a perpetual system (LO6-5) Siatkowski industries began the year with inventory of \(\$ 94,000\). Purchases of inventory on account during the year totaled \(\$ 319,000\). Inventory costing \(\$ 344.000\) was sold on account for \(\$ 538.000\)2equired: Record transactions for the purchase and the sale of inventory on account using a perpetual system. (If no entry is required for a transection/event, select "No Journal Entry Required" in the first account field.) Journal entry wnrkehnatExercise 6-6(Algo) Record inventory transactions using a perpetual system (LO6-5) Siatkowski Industries began the year with inventory of \(\$ 94.000\). Purchases of inventory on account during the year totaled \(\$ 39.000\). Inventory costing \(\$ 344,000\) was sold on account for \(\$ 538,000\). Required: Record transactions for the purchase and the sale of inventory on account using a perpetual system, (If no entry is required for o transaction/event, select "No Journal Entry Required" in the first account fleid.) Journal entry worksheetSlatkowski Industries began the year with inventory of \(\$ 94,000\). Purchases of inventory on account during the year totaled \(\$ 319,000\). inventory costing \(\$ 344,000\) was sold on account for \(\$ 538,000\). Required: Record transactions for the purchase and the sale of inventory on account using a perpetual system. (If no entry is required for a transoction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet

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