Brief Exercise 6-15 At the beginning of the year, Bridgeport Ltd. had 880 units with a cost of $5 per unit in its beginning inventory. The following inventory transactions occcurred during the month of January: 3 Sold 670 units on account for $13 each Jan. 9 Purchased 990 units on account for s6 per unit 15 Sold 780 units for cash at $12 each. Prepare journal entries assuming that Bridgeport Ltd. uses FIFO under a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 3 3 15 15 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare journal entries assuming that Bridgeport Ltd. uses FIFO under a periodic inventory system. (Credit account titles are automatically indented when the amount is en tered. Do n Date Account Titles and Explanation Debit Credit Jan. 3 15 SHOW LIST OF ACCOUNTS