PAGE 15 What is the cost of the ending inventory balance using the LIFO method?

Record the sale of the rackets on account on the 17th. General Journal Account Name Debit Credit Record the cost of the rackets sold on the 17th. General Journal Account Name Debit Credit 3. 1,224 Merchandise Inventory 1,224 Record the sale of the rackets on account on the 29th. General Journal Account Name Debit Credit Record the cost of the rackets sold on the 29th. General Journal Account Name Debit Credit Part 1 Check number: Total debits to Accounts Receivable = $3,780