b . Record the above transactions in general journal form and post to T - accounts using ( 1 ) FIFO , ( 2 ) LIFO , and ( 3 ) weighted average . Use a separate set of journal entries and T - accounts for each method . Assume all transactions are cash transactions .

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 Jan. 20 Purchased 450 units @ $ 9 = $4,050 Apr. 21 Purchased 250 units@ $112,750 July 25 Purchased 330 units @ $144,620 Sept. 19 Purchased 140 units @ $16 2,240 During the year. The Shirt Shop sold 960 T shirts for $25 each b. Record the above transactions in general journal form and post to T-accounts using (1) FIFO (2) LIFO, and (3) weighted average 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 BG 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. (if no entry is required for a transactior/event, select "No journal entry required" in the first account field.)