Journalize the sale of the putters on account on the 30 th. Journalize the cost of the putters sold on the 30 th. Requirements 1. Prepare Putter's Choice Superstore's perpetual inventory record for the putters assuming Putter's Choice Superstore's uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Putter's Choice Superstore's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account.) Records Identify the cost of ending inventory for the month. The cost of ending inventory using the LIFO method is Identify the cost of goods sold for the month. The cost of goods sold using the LIFO method is Requirement 2. Journalize Putter's Choice Superstore's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account.) (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by recording the entry to record the sale of the putters on account on the 6 th. Now record the cost of the putters sold on the 6 th. Journalize the purchase of the putters on account on the 8th. Journalize the sale of the putters on account on the 17 th. Journalize the cost of the putters sold on the 17 th. Putter's Choice Superstore carries an inventory of putters and other golf clubs. The sales price of each putter is $120. Company records indicate the following for a particular line of Putter's Choice Superstore's putters: View the records. Read the requirements. Requirement 1. Prepare Putter's Choice Superstore's perpetual inventory record for the putters assuming Putter's Choice Superstore's uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.)