LIFO and WA as well please forth both above plz
Required information [The following information applies to the questions displayed below! The Shirt Shop had the following transactions for T shirts for Year 1, its first year of operations Purchased 450 units @ January 20 $ 9 $4,050 April 21 Purchased 250 units @ $11 = 2,750 Purchased 330 units @ July 25 $14 = 4,620 September Purchased 140 units @ 19 $16 = 2,240 During the year. The Shirt Shop sold 960 T-shirts for $25 each b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) weighted-average methods. Use a separate set of journal entries and Taccounts for each method. Assume all transactions are cash transactions Complete this question by entering your answers in the tabs below. B Required Required Required Required Required Required Required B GI FIFO B G LIFO B GJ WA BT Acc BT ACC Record the above transactions in general journal form using FIFO method. Assume all transactions are cash transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Show less View transaction list Journal entry worksheet 1 2 Record sale of inventory for cash. Note: Enter debits before credits Date Year 1 General Journal Debit Credit Record entry View general Journal Clear entry Required information [The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. January 20 Purchased 450 units @ $ 9 = $4,050 April 21 Purchased 250 units @ 2,750 $11 = July 25 Purchased 330 units @ $14 = 4,620 September Purchased 140 units @ 19 $16 = 2,240 During the year, The Shirt Shop sold 960 T-shirts for $25 each. b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO. (2) LIFO, and (3) weighted-average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions, Complete this question by entering your answers in the tabs below. Required. Required Required Required Required Required Required B B GJ FIFO B GJ LIFO B GJ WA BT ACC BT Acc BT Acc Post to T-accounts using FIFO method. Assume all transactions are cash transactions. Cash Merchandise Inventory Beg. Bal. Beg. Bal. End. Bal. End. Bal. Sales Revenue Beg. Bal. Cost of Goods Sold Beg Bal. End. Bal. End. Bal.