Current Attempt in Progress Sunland Company sells one product. Presented below is information for January for Sunland Company. Sunland uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Sunland 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. List all debit entries before credit entries.) (To record the sale) \begin{tabular}{|l|l|} \hline Jan. 13 Cost of Goods Sold & 1008 \\ & Inventory \\ \hline \end{tabular} (To record the cost of inventory) Inventory Accounts Payable Accounts Receivable Sales Revenue (To record the sale) Cost of Goods Sold Inventory (To record the cost of inventory)