The following came from the purchase and sales records of Isaac Co. for item DVD...

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Accounting

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The following came from the purchase and sales records of Isaac Co. for item DVD Balance, January 1 Purchases: February 14 Jun 26 Quantity Per unit 2,000 P 24.00 4,000 25.60 Total 48,000 102,400 26.500 84,000 1,000 26.50 Nov 03 3,000 28.00 Sales: 118,400 May 27 Dec 09 3,200 2,800 37.00 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. Question 4 1 pts Feb 14 Debit Credit Question 5 2 pts May 27 Debit Credit Debit Credit Question 6 1 pts June 26 Debit Credit Question 7 1 pts Nov 3 Debit Credit

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