Jan. 1 Purchased 220 units@$12

Apr. 1 Sold 110 units@$19

Aug. 1 Purchased 440 units @ $13

Dec. 1 Sold 550 units @ $20

The beginning inventory consisted of 165 units at $13 per unit. All transactions are cash transactions.

Required

a. Record these transactions in general journal format assuming Green uses the FIFO cost flow

assumption and keeps perpetual records. (If no entry is required for a transaction/event, select "No

journal entry required" in the first account field.)

- Record entry inventory purchased for cash?