Coronado Company sells one product. Presented below is information for January for Coronado Company.

Jan. 1		Inventory		112	units at $5 each
4		Sale		88	units at $8 each
11		Purchase		165	units at $6 each
13		Sale		134	units at $9 each
20		Purchase		150	units at $6 each
27		Sale		93	units at $11 each

Assume Coronado uses a perpetual system. Prepare all necessary journal entries. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)