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Required information [The following information applies to the questions displayed below.] Laker Company reported the following Jnuary purchases and sales data for its only product. For specific identification, ending inventory consists of 355 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. cord journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company es a perpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered. Journal entry worksheet Ivote: tnter aebits before credits. Journal entry worksheet