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5 rt 2 of 3 Required information [The following information applies to the questions displayed below.] The Shirt Shop had the following transactions for T-shirts
5 rt 2 of 3 Required information [The following information applies to the questions displayed below.] The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. January 20 Purchased 530 units @ $ 8 - $4,240 April 21 Purchased 330 units @ $10 - 3,300 July 25 Purchased 410 units @ $13 - 5,330 September 19 Purchased 220 units @ $15 = 3,300 28 nts eBook During the year, The Shirt Shop sold 1,200 T-shirts for $24 each. Hint b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) weighted-average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions. Print Complete this question by entering your answers in the tabs below. eferences Required B Required B G Required B G Required B G Required BT Required BT Required BT FIFO LIFO WA Acc FIFO Acc LIFO Acc WA Record the above transactions in general journal form using FIFO method. Assume all transactions are cash transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 > Record sale of inventory for cash. . Note: Enter debits before credits. Date General Journal Debit Credit Year 1 Record entry Clear entry View general Journal 5 ! Required information [The following information applies to the questions displayed below.) Part 2 of 3 The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. 74.28 points January 20 April 21 July 25 September 19 Purchased 530 units @ $ 8 = Purchased 330 units @ $10 = Purchased 410 units @ $13 - Purchased 220 units @ $15 - $4,240 3,300 5,330 3,300 eBook During the year, The Shirt Shop sold 1,200 T-shirts for $24 each. Hint b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) weighted average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions. Print Complete this question by entering your answers in the tabs below. References Required B Required B G Required B G Required B G Required BT Required BT Required BT FIFO LIFO WA Acc FIFO Acc LIFO Acc WA Record the above transactions in general journal form using FIFO method. Assume all transactions are cash transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record entry for cost of goods sold. Note: Enter debits before credits. . General Journal Debit Credit Date Year 1 Record entry Clear entry View general Journal UT Required information (The following information applies to the questions displayed below.] Part 2 of 3 The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. 4.28 points January 20 April 21 July 25 September 19 Purchased 530 units @ $ 8 = Purchased 330 units @ $10 - Purchased 410 units @ $13 - Purchased 220 units @ $15 - $4,240 3,300 5,330 3,300 eBook During the year, The Shirt Shop sold 1,200 T-shirts for $24 each. Hint b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) weighted-average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions. Print Complete this question by entering your answers in the tabs below. References Required B Required B G Required B GJ Required B G Required BT FIFO LIFO WA Acc FIFO Required BT Acc LIFO Required BT Acc WA Record the above transactions in general journal form using LIFO method. Assume all transactions are cash transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 > Record sale of inventory for cash. Note: Enter debits before credits Date General Journal Debit Credit Year 1 Record entry Clear entry View general journal UT Part 2 of 3 - Required information [The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. 4.28 points January 20 April 21 July 25 September 19 Purchased 530 units @ $ 8 - Purchased 330 units @ $10 - Purchased 410 units @ $13 - Purchased 220 units @ $15 - $4,240 3,300 5,330 3,300 During the year, The Shirt Shop sold 1,200 T-shirts for $24 each. eBook Hint b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) weighted average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions. Print Complete this question by entering your answers in the tabs below. References Required B Required B G Required B GJ Required B G Required BT Required BT Required BT FIFO LIFO WA Acc FIFO Acc LIFO Acc WA Record the above transactions in general journal form using LIFO method. Assume all transactions are cash transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record entry for cost of goods sold. Note: Enter debits before credits. Date General Journal Debit Credit Year 1 Record entry Clear entry View general journal UT Required information Part 2 of 3 (The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. 14.28 points January 20 April 21 July 25 September 19 Purchased 530 units @ $ 8 = Purchased 330 units @ $10 - Purchased 410 units @ $13 - Purchased 220 units @ $15 $4,240 3,300 5,330 3,300 eBook During the year, The Shirt Shop sold 1,200 T-shirts for $24 each. Hint b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) weighted-average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions. Print Complete this question by entering your answers in the tabs below. References Required B Required B GJ Required B GJ Required B GJ Required BT FIFO LIFO WA Acc FIFO Required BT Acc LIFO Required BT Acc WA Record the above transactions in general journal form using weighted average method. Assume all transactions are cash transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round cost per unit to 2 decimal places and final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet Record sale of inventory for cash. Note: Enter debits before credits. Date General Journal Debit Credit Year 1 Record entry Clear entry View general Journal UT Part 2 of 3 Required information [The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. 14.28 points January 20 April 21 July 25 September 19 Purchased 530 units @ $ 8 = Purchased 330 units @ $10 - Purchased 410 units @ $13 - Purchased 220 units @ $15 - $4,240 3,300 5,330 3,300 eBook During the year, The Shirt Shop sold 1,200 T-shirts for $24 each. Hint b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) weighted average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions. Print Complete this question by entering your answers in the tabs below. References Required B Required B G Required B G Required B GJ FIFO LIFO WA Required BT Acc FIFO Required BT Acc LIFO Required BT Acc WA Record the above transactions in general journal form using weighted average method. Assume all transactions are cash transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round cost per unit to 2 decimal places and final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet Record entry for cost of goods sold. Note: Enter debits before credits. Date General Journal Debit Credit Year 1 Record entry Clear entry View general journal
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