Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each puter is $119. Company records indicate the following for a particular line of Golf Unlimited's puters BER (Cick the icon to view the records) Read the requirements Requirement 1. Prepare Golf Unlimited's perpetual inventory record for the puters assuming Goll Unlimited uses the LIFO inventory costing method. Then identily the cost of ending inventorys 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 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 Cost Cost Quantity Cost Cost Quantity Cost Nov. 1 - X -X Data Table Requirements 1. Prepare Golf Unlimited's perpetual inventory record for the putters assuming Golf Unlimited uses the LIFO inventory costing method Then identify the cost of ending inventory and cost of goods sold for the month Journalize Golf Unlimited's inventory transactions using the LIFO inventory costng method (Assume purchases and sales are made on account) Item Unit Cost Date Quantity Balance Nov 1 53 24 Sale 2. 6 20 Purchase 70 30 30 17 Sale Done Print Sale 2 30 Print Done Enter any number in the edit fields and then cick Check