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Assume Bridgeport uses a periodic system. Prepare all journal entries needed, including the end-of-month adjusting entry to record cost of goods sold. A physical count indicates that the ending inventory for July is 110 units. (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 0 for the amounts. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
choose a transaction date July 1July 4July 11July 13July 20July 27July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 4July 11July 13July 20July 27July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 4July 11July 13July 20July 27July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 4July 11July 13July 20July 27July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date July 1July 4July 11July 13July 20July 27July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
July 31	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount

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List of Accounts

Bridgeport Corporation sells one product, with information for July as follows: July 1 Inventory 100 units at $15.00 each 4 Sale 80 units at $18.00 each 11 Purchase 150 units at $16.10 each 13 Sale 120 units at $18.70 each urchase 160 units at $16.70 each 27 Sale 100 units at $19.80 each Bridgeport uses the FIFO cost formula. All purchases and sales are on account. Ignore any estimated returns on purchases and sales