Brody Sports, is a sports shop that carries a range of sporting goods. The most popular selling items are all hockey related items. They carry a range of NHL replica jerseys and of course international teams. By far the biggest selling jersey is the Canadian jersey. Local teams purchase their jerseys from a range of jerseys they have on offer. A lot of customers pay in cash, but the teams that have accounts with the store can purchase on account, usually $2/10,$ net $30.$

The store manager ensures that the staff rotate the stock so that the older items are displayed at the front of the shelves and are sold first. When large orders are placed, the same system applies and Brody Sports uses a perpetual FIFO system to manage its inventory.

You have been hired as a book keeper to maintain the sales journal and keep a track of inventory using your knowledge of perpetual FIFO systems.

During the month of September the following transactions takes place. Brody Sports already has a stock of $40$ jerseys that had a cost price of $$25$ each, from last year. September tends to be a busy month as teams come in to buy jerseys for the new season.

$01-$Sep Sold $20$ jerseys for cash $($selling price $$125$ each$)$

$02-$Sep Purchases another $65$ jerseys at $$30$ each. Terms $2/10,$ net $30.$

$09-$Sep Sold another $30$ jerseys on account, $2/10$ net $30,$ to the West End Worblers. $($selling price $$120$ each$)$

$14-$Sep Paid for the purchase on Sep $2$nd$.$

$17-$Sep Purchases another $50$ jerseys at $$33$ each. Terms $2/10,$ net $30.$

$21-$Sep Sold another $50$ jerseys on account, $2/10$ net $30,$ to the East Side Mainers. $($selling price $$115$ each$)$

$22-$Sep West end worblers, settled their account by paying for the purchase on the $9$th of Sep in full.

$22-$Sep East side Mainers, returned $4$ defective jerseys, purchased on the $21$st$.$

$23-$Sep East side Mainers, settled their account by paying for the remainder of the purchase on $21$st in full.

$24-$Sep Sold another $5$ jerseys for cash $($selling price $$125$ each$)$

$29-$Sep Stock account revealed, that there are only $32$ jerseys were in stock. Adjust inventory if needed.