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Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 2 8 0 units

Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 280 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory.
Exercise 5-4(Algo) Perpetual: Journalizing transactions LO P1
Record journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered.
Journal entry worksheet
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Record the sale of goods.
Note: Enter debits before credits.
\table[[Date,General Journal,Debit,Credit],[January 10,,,]]
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