Golf Haven carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a particular line of Golf Haven's putters: Click the icon to view the records) Read the festirements Requirement 1. Prepare a perpetual inventory record for the putters assuming Golf Haven uses the FIFO 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 Unit Total Unit Total Unit Total Date Quantity Cost Quantity Cost Quantity Cost Cost Jun 1 Jun 6 Jun. Cost Cost Jun. 17 Jun 30 Totals Choose from any list or enter any number in the input fields and then continue to the next question ory of putters and other golf clubs. The sales price of each putter pany records thaica e records.) erpetual inventory record for the putters assuming Golf Haven uses the FIFO inventory costing method. Then i goods sold for the month i Requirements ng rang riod hand balance ventory purcha 1. cha Uni Cos Prepare a perpetual inventory record for the putters assuming Golf Haven uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Journalize Golf Haven's inventory transactions using the FIFO inventory costing method. (Assume purchases and sales are made on account.) 2. Print Done Enter any number in the input fields and then continue to the next question. Totais Identify the cost of ending inventory for the month. The cost of ending inventory using the FIFO method is Identify the cost of goods sold for the month. The cost of goods sold using the FIFO method is Begin by recording the entry to record the sale of the putters on account on the 6th. Date Accounts and Explanatio Debit Credit Jun 6 Now record the cost of the putters sold on the 6th Date Accounts and Explanation Jun 6 Debit Credit Journalize the purchase of the putters on account on the 8th, Date Accounts and Explanation Jun. 8 Debit Credit Choose from any list or enter any number in the input fields and then continue in the naturtin Read the fequirements Journalize the sale of the putters on account on the 1/tn. Date Accounts and Explanation Debit Credit Jun. 17 Journalize the cost of the putters sold on the 17th Dato Accounts and Explanation Debit Credit Jun. 17 Journalize the sale of the putters on account on the 30th. Dato Accounts and Explanation Jun 30 Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Joumalize the cost of the putters sold on the 30th Date Accounts and Explanation Jun 30 Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. mer golf clubs. The sales price of each putter is $119. Company records indicate the following fo ecord for the putters assuming Golf Haven uses the FIFO inventory costing method. Then identify es. Enter the transactions in chronalasinalarda onlaulatina.na.iwanton.n.band balances after al record, on hand at the en X i Data Table CI Date Quantit Item Quantity Unit Cost 19 $ 80 Jun. 1 Balance Jun. 6 14 Sale Purchase Jun. 8 50 91 Jun. 17 Sale 50 Jun. 30 Sale 3 Print Done onth. method is in the input fields and then continue to the next