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Requirements 1. Prepare Putter's Choice's perpetual inventory record for the putters assuming Putter's Choice uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Journalize Putter's Choice's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account.) 2. Print Done Putter's Choice carries an inventory of putters and other golf clubs. The sales price of each putter is $120. Company re (Click the icon to view the records.) Read the fequirements Requirement 1. Prepare Putter's Choice's perpetual inventory record for the putters assuming Putter's Choice uses th Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inven calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the olde Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Tota Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cos Nov. 1 is $120. Company records indicate the following for a particular line of Putter's Choice's putters: utter's Choice uses the LIFO inventory costing method. Then identify the cost of ending Inventory and cost of goods sold for the month calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, eriod. (Enter the oldest inventory layers first.) wentory on Hand Unit Total Cost Cost The sales price of each putter is $120. Company records indicate the following for a particular line of Putter's Choice cord for the putters assuming Putter's Choice uses the LIFO inventory costing method. Then identify the cost of ending ir ansactions in chrono h. Once all of the transa d, and on hand at the Data Table of Goods Sold Unit Total Cost Date Cost Item Balance Sale Quantity Unit Cost 8$ 72 Nov. 1 Nov. 6 2 Nov. 8 Purchase 12 75 Sale 12 Nov. 17 Nov. 30 Sale 2 Print Done Get More Help he DH DO OG SYD 59 80 F3 008 FA F5 F6 A $ & 7 00 8 9 0 6 4 3 5