Distributing Company uses the perpetual inventory system and engaged in the following transactions during May of the current​ year: LOADING...​(Click the icon to view the​ transactions) Required 1. Journalize the preceding transactions on the books of Singh Distributing Company. 2. Suppose the balance in Inventory was ​$20 comma 000 on May 1. What is the balance in inventory on May 31​?

a) View transactions only
b) Journalize transactions only
c) View and journalize transactions
d) None of the above