Pls use the table above

Activity 5 Journalize the following transactions using the perpetual and periodic inventory system. 1. Purchased inventory worth P 100,000 in cash. 2. Paid P1,000 for the delivery of the purchased merchandise. 3. Returned P5,000 worth of defective merchandise. Cash was received upon the return of the merchandise. 4. P55,000 worth of merchandise was sold on cash. 5. P3,000 worth of merchandise sold was returned by customers due to defects. Format for Activity 5: Transaction *PERPETUAL ACCOUNT DEBIT TITLE PERIODIC DEBIT CREDIT CREDIT ACCOUNT TITLE 1. Purchased inventory worth P100,000 in cash