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Need all the correct journal entries {The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data

Need all the correct journal entries
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{The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 180 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory Date Activities Units Acquired at cost Units sold at Retail January 1 Beginning Inventory 140 units $ 6.00 - January 10 Sales 100 units $ 15 January 20 Purchase 60 units @ $ 5.00 January 25 Sales 80 units $ 15 January 30 Purchase 180 units e S 4.50 Totals 380 units $ 1,950 180 units 5 840 300 810 Exercise 6-4 (Static) 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 th Vlow transaction list View journal entry worksheet Credit General Journal No Dobit 1,500 Date January 10 1 Accounts receivable Sales 1,500 2 January 10 Cost of goods sold 300 3 January 20 Cost of goods purchased

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