Beginning inventory February 14 February 15 June 30 November 6 November 19 Sales Purchase Sales Purchase Sales Purchase Required information [The following information applies to the questions displayed below.] Tree Seedlings has the following current-year purchases and sales for its only product. Date January 1 January 3 Activities Units Acquired at Cost 40 units $2 = Units Sold at Retail $ 80 30 units @ $8 70 units $3 = 90 units $4= $ 210 $ 360 60 units @ $8 86 units @ $8 Totals 20 units @ $5- 220 units $ 100 $ 750 176 units Record journal entries for Tree Seedlings' sales and purchases transactions. Assume for this assignment that the company perpetual inventory system and LIFO. All sales and purchases are made on account, and no discounts are offered. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 9 Record the sale of goods. Record journal entries for Tree Seedlings' sales and purchases transactions. Assume for this assignment th. perpetual inventory system and LIFO. All sales and purchases are made on account, and no discounts are c View transaction list Journal entry worksheet 2 3 4 5 6 7 8 9 < Record the sale of goods. Note: Enter debits before credits. Date January 03 General Journal Debit Credit View general journal Record entry Clear entry