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Required information [The following information applies to the questions displayed below.) FindMe Inc., (F) has developed a coin-sized tracking tag that attaches to key rings, wallets, and other items and can be prompted to emit a signal using a smartphone app. Fl sells these tags, as well as water-resistant cases for the tags with terms FOB shipping point. Assume Fi has no inventory at the beginning of the month, and it has outsourced the production of its tags and cases. Fluses FIFO and has entered into the following transactions Jun. 2: I purchased and received 240 tags from Xioasi Manufacturing (XM) at a cost of $7 per tas,n/15. Jan 4: 11 purchased and received 50 cases from Bachittar Products (OP) at a cost of $4 per case, n/20. Jan. 6: FI paid cash for the tags purchased from XM on Jan. 2. Jan. 8: FI sailed 140 tags via the U.S. Postal Service (USPS) to customers at a price of 532 per tag on account. Jan.11: FI purchased and received 340 tags fronx at a cost of $10 per tag, n/15. Jan. 14: F1 purchased and received 140 cases from BP at a cost of $5 per case, n/2e. Jan. 16: I paid cash for the cases purchased fron BP on Jan. 4. Jan. 19: Failed 100 cases via the USPS to customers at a price of $14 per case, on account. Jan 21: FI mailed 24e tags to customers at a price of $32 per tag. 1. Prepare journal entries for each of the above dates, assuming Tl uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) No Date Debit Credit Answer is complete but not entirely correct. General Journal Inventory Accounts Payable 1 Jan 02 1.680 1.680 2 Jan 04 200 Inventory Accounts Payable 200 Jan 1,680 Accounts Payable Cash 1.680 Jan 4480 S Account cevable SR 4.480 5 Jan 08 Cost of Goods Sold Inventory 980 2 980 . 6 Jan 11 Inventory Accounts Payable 3,400 3,400 7 Jan 14 Inventory Accounts Payable 700 700 B Jan 16 Accounts Payable 200 200 Jan 19 Accounts Receivable Sales Revenue 1.400 1,400 9 Jan 10 Accounts Receivable Sales Revenue 1,400 >> 1,400 10 Jan 19 Cost of Goods Sold Inventory 450 450 11 Jan 21 Accounts Receivable Sales Revenue 7.680 O 7,680 12 Jan 21 * Cost of Goods Sold Inventory 2.980 2,980