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I need help solving this general journal. Required information [The following information applies to the questions displayed below] Laker Company reported the following January purchases
I need help solving this general journal. Required information [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 310 units from the January 30 purchase, 5 units from the January 20 purchase, and 30 units from beginning inventory. Record journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company use perpetual inventory system and FIFO. All sales and purchases are made on account and no discounts are offered Journal entry worksheet 1 2 4 5 6 Record the sale of goods. 2 Record the cost of sale. 3 Record the purchase of inventory. 4 Record the sale of goods. 5 Record the cost of sale. 6 Record the purchase of inventory. Note : = journal entry has been entered Required information [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 310 units from the January 30 purchase, 5 units from the January 20 purchase, and 30 units from beginning inventory. Record journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company use perpetual inventory system and FIFO. All sales and purchases are made on account and no discounts are offered Journal entry worksheet 1 2 4 5 6 Record the sale of goods. 2 Record the cost of sale. 3 Record the purchase of inventory. 4 Record the sale of goods. 5 Record the cost of sale. 6 Record the purchase of inventory. Note : = journal entry has been entered
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