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Problem 6-6B Record transactions using a perpetual system, prepare a partial income statement, and adjust for the lower of cost and net realizable value(L06-2, 6-3, 6-4, 6-5, 6-6) [The following information applies to the questions displayed below.) At the beginning of November, Yoshi Inc.'s inventory consists of 55 units with a cost per unit of $96. The following transactions occur during the month of November. November 2 Purchase 80 units of inventory on account from Toad Inc. for $100 per unit, terms 1/10, n/30. November 3 Pay cash for freight charges related to the November 2 purchase, $240. November 9 Return 20 defective units from the November 2 purchase and receive credit. November 11 Pay Toad Inc. in full. November 16 Sell 100 units of inventory to customers on account, $13,500. (HintThe cost of units sold from the November 2 purchase includes $100 unit cost plus $4 per unit for freight loss $i per unit for the purchase discount, or $103 per unit. ) November 20 Receive full payment from customers related to the sale on November 16. November 21 Purchase 65 units of inventory from Toad Inc. for $106 per unit, terms 3/10, n/30. November 24 Sell 75 units of inventory to customers for cash, $8,600. (Note: Por calculating the cost of inventory sold, ignore the possible purchase discount on November 20.) Problem 6-6B Part 2 2. Suppose by the end of November that the remaining inventory is estimated to have a net realizable value per unit of $82, record any necessary adjustment for the lower of cost and net realizable value. (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