Marigold Company sells one product. Presented below is intormation Tor January for Marigold Company Jan. 1 Inventory 4 Sale 11 13 Sale 20 27 Sale 102 units at $5 each 81 units at $8 each 158 units at 6 each 126 units at $9 each 152 units at $6 each Purchase Purchase 98 units at $10 each Marigold uses the FIFO cost flow assumption. All purchases and sales are on account Your answer is partially correct. Try again. Assume Marigold uses a periodic system. Prepare all necessary journal entries, including the end-of-month closing entry to record cost of goods sold. A physical count indicates that the ending inventory for January is 107 units. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 648 Sales Revenue 648 948 Accounts Payable 948 Dan, 13 ccounts Receivable 1134 Sales Revenue 1134 912 Accounts Payable 912 Dan, 27 ccounts Receivable 980 Sales Revenue 980 Jan. 31 535