Assignment Saved Hel ! Required information [The following information applies to the questions displayed below.) Home Hardware reported beginning inventory of 30 shovels, for a total cost of $270. The company had the following transactions during the month: Jan. 2 Sold 8 shovels on account at a selling price of $14 per unit. 16 Sold 11 shovels on account at a selling price of $14 per unit. 18 bought 9 shovels on account at a cost of $9 per unit. 19 Sold 11 shovels on account at a selling price of $14 per unit. 24 Bought 11 shovels on account at a cost of $9 per unit. 31 counted inventory and determined that 18 units were on hand. Required: 1. Prepare the journal entries that would be recorded using a periodic inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Sold 8 shovels on account at a selling price of $14 per unit. Record the transaction Note: Enter dedits before credits. General Journal Debit Credit Date January 02 Record entry Clear entry View general journal View transaction list Journal entry worksheet ped Sold 11 shovels on account at a selling price of $14 per unit. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Date January 19 Record entry Clear entry View general journal S Journal entry worksheet Record a journal entry that shows all goods initially on hand at the beginning of the period (in the Inventory account) and all goods bought during the period (in the purchases account) as having been sold by the end of the period. Note: Enter debits before credits. General Journal Debit Credit Date January 31 Record entry Clear entry View general Journal