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Please help me to fill out these transactions These is the beginning table and information Data table Requirement 2. Journalize Golf Unlimited's inventory transactions using
Please help me to fill out these transactions
These is the beginning table and information
Data table Requirement 2. Journalize Golf Unlimited's inventory transactions using the weighted-average inventory costing method (Assume purchases and sales are made on account) (Record debits first, then credil Select the explanation on the last line of the journal entry table.) Begin by recording the entry to record the sale of the putters on account on the 6 th. Now record the cost of the putters sold on the 6 th Journalize the purchase of the putters on account on the 8th. Journalize the sale of the putters on account on the 17 th. Journalize the cost of the putters sold on the 17 th. Journalize the sale of the putters on account on the 30 th. Journalize the sale of the putters on account on the 30 th Journalize the cost of the putters sold on the 30 th. Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each putter is $144. Company records indicate the following for a particular line of Golf Unlimited's putters: : (Click the icon to view the records.) Read the requirements. Requirement 1. Prepare Golf Unlimited's perpetual inventory record for the putters assuming Golf Unlimited uses the weighted-average inventory costing method Round weighted-average cost per unit to tl nearest cent and all other amounts to the nearest dollar. Then identify the cost of ending inventory and cost of goods sold for the month Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. Determine the cost of ending inventory using the weighted-average inventory costing methodStep by Step Solution
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