Mountain Country Inc, sells an Xpert skateboard that is popular with skateboard enthusiasts. The following information shows Mountain Country's purchases and sales of Xpert skateboards during November: Mountain Country inc sells an Xpert skateboard that is popular with skateboard enthusiasts. The following information shows Mountain Country's purchases and sales of Xpert skateboords during November: (a1) Your answer is correct. Prepare journal entries to record purchases (on account) and sales (cash) for Mountain Country in a perpetual inventory system using FIFO. (List all debit entries before credit entries. Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tittes and enter o for the amounts. Record journal entries in the order presented in the problem. Prepare journal entries to record purchases (on account) and sales (cash) for Mountain Country in a perpetual inventory system using average cost. (Round answers to 2 decimal places, e.g. 15.25. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Prepare journal entries to record purchases and sales for Mountain Country in a periodicimentory system using FIFO. Be sure to include perfod-end ad, usting entries to update the Inventory and Cost of Goods Sold accounts. flist all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Mountain Country Inc, sells an Xpert skateboard that is popular with skateboard enthusiasts. The following information shows Mountain Country's purchases and sales of Xpert skateboards during November: Prepare journal entries to record purchases and sales for Mountain Country in a periodicimentory system using FIFO. Be sure to include perfod-end ad, usting entries to update the Inventory and Cost of Goods Sold accounts. flist all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Accounts Payable Nov. 22: Cash Sales (To record sales) Nov.22 : Cost of Goods Sold Inventory (To record the inventory sold) Nov. 25 : 12240 2240 24650 24650 15194 15194 9952 9952 9952 Accounts Payable (To record sales) Nov 22 : Cost of Goods Sold 15,225 Inventory 15.225 (To record the inventory sold) Nor 25 : Imentory 9952 Accounts Payable 9952