Galfer Favorite caries un ventory of puts and other gechen Theates pole of each pus 1105 Company recomandate the weigher a partioidu toe Goto's van de sporters Click the icon to view the records) Read the Requirement 1. Prepare a perpetualny recont for the pursuing Graves the FIFO entering method Then only the contending memory and cost good old to the Surt by artering the beginning inventory belon Enterthemacions in chalder, calculating wentary on hand balance after each and ecofamams have been derde perpetual record at the quanto cost of inventory purchase old and in hand at the end of the period of the festintory layers test Purchases Cost of Goods Sold lovestory and Unit Total Total Da Quantity Cos Cou Quantity Co Cost Coat Cost Sep 1 >> GO Data Table the putters assun the transactions i ventory purchase Date Item Quantity Unit Cost 22 $ 60 Balance Cost of Goods Sd Sale 12 Unit Sep. 1 Sep. 6 Sep. 8 Sep. 17 Sep. 30 Purchase 25 81 tity Cost Sale 25 Sale 4 Print Done Get More Help F a 03 Requirements 1. Prepare a perpetual inventory record for the putters assuming Golfer's Favorite uses the FIFO inventory costing method. Then identify the cost of bending inventory and cost of goods sold for the month. Journalize Golfer's Favorite's inventory transactions using the FIFO inventory costing method. (Assume purchases and sales are made on account) 2. Print Done