6 Part 2 of 3 10 points eBook Hint Print References ! 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 $4,590 April 21 Purchased 510 units @ $ 9 = Purchased 310 units @ $11 = Purchased 390 units @ $14 = Purchased 200 units @ $16 = 3,410 July 25 September 19 5,460 3,200 During the year, The Shirt Shop sold 1,140 T-shirts for $25 each. 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. Complete this question by entering your answers in the tabs below. Required B Required B GJ Required B GJ Required B GJ Required B T FIFO LIFO WA Acc FIFO Required B T Acc LIFO View transaction list Required B T Acc WA Record the above transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Complete this question by entering your answers in the tabs below. Post to T-accounts using LIFO method. Assume all transactions are cash transactions. Required information [The following information applies to the questions displayod below] The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. During the year, The Shirt Shop sold 1,140 T-shirts for $25 each. 2. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LFO, and (3) weighted-average nethods, Use a separate set of journol entries and T-accounts for each method. Assume all transactions are cash transactions. Complete this question by entering your answers in the tabs below. Record the above transactions in general foumal form. (it no entry is required for a tramactanvevent, select "No foumat entry required" in the first account field.) Complete this question by entering your answers in the tabs below. Post to T-accounts using weighted average method. Assume all transactions are cash transactions. (Round cost per decimal places and final answers to the nearest whole dollar amount.) Record sale of inventory for cash. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Post to T-accounts using FIFO method. Assume all transactions are cash transactions. Note: Enter debits before credits. Record sale of inventory for cash. Note: Enter debits before credits