Assume World Company Buys Compact Disks at a Unit Cost

Assume World Company buys compact disks at a unit cost of $10 and sells them at a unit price of $13. There was no beginning inventory. Provide the journal entries required below by entering the account code of the appropriate account and the amount for each debit and credit: $$\begin{array}{l}\begin{array} { | l | l | } \hline \text { Account Name } & \text { Account Code } \\\hline \text { Inventory } & \text { A } \\\hline \text { Purchases } & \text { B } \\\hline \text { Cost of Goods Sold } & \text { C } \\\hline \text { Sales Revenue } & \text { D } \\\hline \text { Cash } & \text { E } \\\hline\end{array}\\\\\end{array}$$