E6-17 (similar to) Question Help Putter's Choice carries an inventory of putters and other golf clubs. The sales price of each putter is $151. Company records indicate the following for a particular line of Putter's Choice's putters: (Click the icon to view the records.) Read the requirements. Requirement 1. Prepare Putter's Choice's perpetual inventory record for the putters assuming Putter's Choice uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Date Sep. Quantity Unit Cost Total Unit Total Unit Total Cost Quantity Cost Cost Quantity Cost Cost Enter any number in the edit fields and then click Check Answer. 13 parts remaining 1. 2. Requirements Prepare Putter's Choice's perpetual inventory record for the putters assuming Putter's Choice uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Journalize Putter's Choice's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account.) Print Done Clear All Data Table Date Sep. 1 Item Balance Quantity Unit Cost 20 $ 70 Sep. 6 Sale 16 Sep. 8 Purchase 30 87 Sep. 17 Sale 30 Sep. 30 Sale 2 Print Done - X Final Check ?