Coppola Company had sales of $19 million during the year. The goods cost Coppola $17 million. Give the journal entry or entries at the time of sale under the perpetual and periodic inventory systems. Crowe Metals, Ltd., had the following inventory transaction during the month of March (in British pounds, pound): On March 31, a count of the ending inventory was completed, and 4,000 units were on hand. By using the periodic inventory system, calculate the cost of goods sold and ending inventory using LIFO, FIFO, and weighted-average inventory methods. The Schubert Company is a Swiss wholesaler of office supplies. Its unit of currency is the franc (CHF). Schubert uses a periodic inventory system. Prepare journal entries for the follow summarized transaction (Omit explanations)