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5 Homework The following inventory transactions apply to Green Company for Year 2 Jan. 1 Apr. 1 Sold Aug. 1 Purchased Dec. 1 Sold 260

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5 Homework The following inventory transactions apply to Green Company for Year 2 Jan. 1 Apr. 1 Sold Aug. 1 Purchased Dec. 1 Sold 260 units 10 130 units $ 18 430 units $ 11 538 units 19 The beginning inventory consisted of 180 units at $11 per unit. All transactions are cash transactions. Required a. Record these transactions in general journal format assuming Green uses the FIFO cost flow assumption and keeps perpetua records. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record entry inventory purchased for cash. 8 of 10E

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