on the Problem 6-6A Record transactions using a perpetual system, prepare a partial income statement, and adjust for the lower of cost and net realizable value (LO6-2,6-3,6-4, 6-5, 6-6) The following information applies to the questions displayed below At the beginning of October, Bowser Co's inventory consists of 50 units with a cost per unit of $50. The following transactions occur during the month of October. October 4 Purchase 130 units of from Naluigi October 5 Pay cash for freight charges related to the October 9 Return 18 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full October 15 Sell 160 units of inventory to customers on account, $12,8e0. (Hint: The cost of units sold fros the October inventory on account from Waluigi Co. for $5e per unit, teras 2/18, n/3 October 4 purchase, $680 4 purchase includes $58 unit cost plus $5 per unit for freight less $1 per unit for the purchase discount, or $54 per unit.) October 19 Receive full payment from customers related to the sale on October 15. October 28 Purchase 109 units of inventory from Waluigi Co. for $78 per unit, teres 2/10, n/30. October 22 Sell 100 units of inventory to customers for cash, $8,ee0. Problem 6-6A Part 1 Required 1. Assuming that Bowser Co. uses a FIFO perpetual inventory system to maintain its Inventory records, record the transactions of no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list 0 15 Next> Required information Part 1 of 3 1.33 points Journal entry worksheet 9 10 01-27:19 Record purchase of 13 per unit, terms 2/10, n/30. 0 units of inventory on account from Waluigi Co. for sso General Journal Debit Credit 04 Clear entry Record entry