J. A customer at Spradlin Candy purchased a case of gummy worms for $280 with their VISA credit card. Prepare the general journal entry For Spradlin Candy assuming VISA charges a 2% service charge on all card purchases. Date Description PR Debit Credit K. Spradlin Candy purchased candy corn costing $750 on account, terms 2/10n30. Date Description PR Debit Credit L. Spradlin Candy paid the amount owed for the candy corn within the discount period. Date Description PR Debit Credit Purple Burpee, a sock store, uses a perpetual inventory system. Purple Burpee recorded the following activity in the knee-high sock inventory account. Date Activity Units Cost Per Unit COGS Inventory October 1 Beginning Inventory 2,500 $16 October 10 Purchase 5,100 $17 October 11 Sale 5,900 October 20 Purchase 4,800 $18 October 25 Sales 5,300 I Compute: Cost of Goods Sold and Cost of Ending Inventory using: M. LIFO: COGS N. Ending Inventory O. FIFO: COGS P. Ending Inventory