Exercise $6-6($Algo$)$ Record inventory transactions using a perpetual system $($LO$6-5)$ Siatkowski industries began the year with inventory of $\backslash (\backslash$$ $94,000\backslash ).$ Purchases of inventory on account during the year totaled $\backslash (\backslash$$ $319,000\backslash ).$ Inventory costing $\backslash (\backslash$$ $344\mathrm{.}000\backslash )$ was sold on account for $\backslash (\backslash$$ $538\mathrm{.}000\backslash )2$equired: 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 $($LO$6-5)$ Siatkowski Industries began the year with inventory of $\backslash (\backslash$$ $94\mathrm{.}000\backslash ).$ Purchases of inventory on account during the year totaled $\backslash (\backslash$$ $39\mathrm{.}000\backslash ).$ Inventory costing $\backslash (\backslash$$ $344,000\backslash )$ was sold on account for $\backslash (\backslash$$ $538,000\backslash ).$ 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 $\backslash (\backslash$$ $94,000\backslash ).$ Purchases of inventory on account during the year totaled $\backslash (\backslash$$ $319,000\backslash ).$ inventory costing $\backslash (\backslash$$ $344,000\backslash )$ was sold on account for $\backslash (\backslash$$ $538,000\backslash ).$ 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