Homework: Chapter 6 Homework Save 3 of 8 (3 complete) HW Score: 22.86%, 4.57 of 20 pts COL Score: 0.57 of 2 pts %E6-16A (book/static) Question Help Griffin Company's inventory records for its retail division show the following at December 31: (Click the icon to view the accounting records.) At December 31, 11 of these units are on hand. fork Read the woments Test Requirement 1. Journalize for Griffin total December purchases in one summary entry, under the perpetual system. All purchases were on credit (Record debits first then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Credit Debit 3,105 Inventory Accounts Payable 3,105 Dama r ante el intentar tharam Thaalin seamnar Choose from any list or enter any number in the input fields and then click Check Answer parts 3 remaining Clear All Final Check - This course inuncul Accounting laro Start Accelerated Fall 2015 based on Thomatoer Finance Accountine 120 w the accounting records.) mese units ar 1 Requirements alize for Griffin explanations tro were on credit. Journalize the following for Griffin Company under the perpetual system: 1. Total December purchases in one summary entry. All purchases were on credit 2. Total December sales and cost of goods sold in two summary entries. The selling price was $500 per unit, and all sales were on credit. Assume that Griffin uses the FIFO inventory method. 3. Under FIFO, how much gross profit would Griffin earn on for the month ending December 31? What is the FIFO cost of Griffin Company's ending inventory? nventory Accounts P Print Done maliza far rifi tam Tha collinen it or enter any number in the input fields and then click Check Answer. 3 of 8 (3 complete) HW Score: 22.86 2 pts (book/static) QU s inventory records for its retail division show the following at December 31: on to view the accounting records.) 1. 11 of these units are on hand. ements Data Table Jon credit. (RO .. Journalize for Eclude explanatid Dec 1 Beginning inventory.... 9 units @ $ 15 Purchase ... 5 units @ 26 Purchase ....... ... 13 units @ 165 = $ 1,485 166 = $ 230 175 = $ 2,275 Inventory Accou Done] 2. Journalize for The selling pri wine from any any list or enter any number in the input and then click Check Answer Clear All Final Chec