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Pams Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 230 items at $91 each. The company uses the

Pams Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 230 items at $91 each. The company uses the FIFO cost flow assumption and keeps perpetual inventory records. Date Transaction Description March 5 Purchased 210 items @ $101 April 10 Sold 125 items @ $197 June 19 Sold 225 items @ $197 September 16 Purchased 160 items @ $106 November 28 Sold 115 items @ $202 Required a. Record the inventory transactions in general journal format

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