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Jan. 1 Purchased 250 units @ $ 10 Apr. 1 Sold 125 units @ $ 20 Aug. 1 Purchased 430 units @ $ 11 Dec.
| Jan. 1 | Purchased | 250 | units | @ | $ | 10 | |
| Apr. 1 | Sold | 125 | units | @ | $ | 20 | |
| Aug. 1 | Purchased | 430 | units | @ | $ | 11 | |
| Dec. 1 | Sold | 538 | units | @ | $ | 21 | |
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| The beginning inventory consisted of 180 units at $11 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.) |
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