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can someone please help me with these journal entries?! The following data a from Sanic ine. period excenos through february of vear 2 . Soric

can someone please help me with these journal entries?!
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The following data a from Sanic ine. period excenos through february of vear 2 . Soric apples a perpetuat imentory bstem and the fifo inventory metiod. - Dec 31, Year 1 At Sonics Decernber 31 yearend, the seing price of inventory is al 14 is per unt - Jin 25, Year 2 sonc purchased the 20,000 units contratied, the weling pree of imentory on this dase is 16.70 per unt Prepare ary necessiry journal entres er dsclosures on the folowing dates Note. The selleng prices saced above are net of selling costs. a. Noventher t, Year 1 inatiator of cortract b. Decertber 31, Year 1 iend af reportine period) cjanury 25. Year 2 ipurchale date)

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