1. To journlizing the entry use Perpetual Inventory System for Moving Weighted Average Cost Method and FIFO Cost Method 2. You have to do the inventory subsidiary in the two method. Nov. 30. The account inventory $40,500 is the suitcases 81 pcs in the storehouse. Dec. 1. Purchased suitcases on account for $5,100 (10 pcs) from Trunk Manufacturers, FOB shipping point, terms 2/10, n/30. Dec. 1. We also paid cash $200 for the freight-in on the date. Dec. 3. Sold suitcases 20 pcs on account to Satchel World for $20,000, terms 2/10, n/30. (The cost of goods sold will be calculated in the subsidiary ledger.) Dec. 3. We paid cash $150 for the freight-out. Dec. 9. Paid cash to Trunk Manufacturers to obtain the discount. Dec. 12 Received payment in full from Satchel World. Dec. 15. Purchased suitcases on account for $5,500 (10 pcs) from Holiday Manufacturers, FOB shipping point, terms 2/10, n/30. Dec. 15. We also paid cash $200 for the freight-in on the date. Dec. 17. Sold suitcases on account to Lady GoGo 30 pcs for $36,000. The cost should to see the ledger. Dec. 17. We paid cash $300 for the goods freight-out. Dec. 20. Received $570 credit (including freight) for 1 pc ($550) suitcases returned to Holiday Manufacturers. Dec. 21. Received payment in full from Lady GoGo. Dec. 22. Purchased suitcases on account for $6,600 (10 pcs) from KKK Manufacturers, FOB shipping point, terms 2/10, n/30. Dec. 23. Sold suitcases on account to Vagabond for $40,00 (40 pcs), the cost should to see the subsidiary ledger. Dec. 26. Paid Holiday Manufacturers in full. Dec. 31. Granted credit $2,000 to Vagabond for 2 pcs suitcases returned us.