Journal Entry for September 24th only. I've added the others as information only .......

Use the perpetual inventory method with the FIFO valuation method. Please see the Milestone Inventory tab in your workbook for purchase and sales information.

Information only: August 25: Purchased 15 golf club sets for $240 each to sell at the store from vendor A, on account with terms of 1/10 net 60.

Information only: September 16: Purchased 25 bicycles for $75 each to sell at the store from vendor B, on account with terms of 1/10 net 60.

September 24: Paid $750 toward merchandise from vendor A.

Information only: September 30: Recorded impact of sales transaction on COGS and the inventory asset.