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6 journal entries please help me see if my answers are correct. Required information Use the following information for the Exercises 3-7 below. (Algo) The

6 journal entries please help me see if my answers are correct.
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Required information Use the following information for the Exercises 3-7 below. (Algo) The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 270 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning Inventory Date Activities Units Acquired at Cost Units sold at Retail January 1 Beginning inventory 180 units @ $10.50 $ 1,890 January 10 Sales 140 units $19.50 January 20 Purchase 110 units @ $9.50 = 1,045 January 25 Sales 130 units $ 19.50 January 30 Purchase 270 units $9.00 - 2,630 Totals 560 units $ 5,365 270 units Exercise 5-4 (Algo) Perpetual: Journalizing transactions LO P1 Record journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered. View transaction ist Journal entry worksheet

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