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pls help me make journal entries Required information [The following information applies to the questions displayed below. FindMe incorporated, (FI) has developed a coin-sized tracking
pls help me make journal entries Required information [The following information applies to the questions displayed below. FindMe incorporated, (FI) 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. Fi 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. FI uses FIFO and has entered into the following transactions: January 2 FI punchased and received 320 tags from Xioasi Manufacturing (XM) at a cost of \$11 per tag, n/15. January 4FI purchased and received 120 cases fron liachittar Products (ap) at a cost of 54 per case, 0/20. January 6 fI paid cash for the tags porchased fros xos on January 2 . January 871 ailled 220 tags via the U.5. Postal Service (USPS) to customers at a price of 536 per tag, on account. lanuary 11Fl purchased and received 420 tags from 08 at a cost of $14 per tag, n/15. January 14FI parchased and recelved 220 cases froe ep at a cost of $5 per case, N/20. January 16Fl pajd cash for the cases porchased frow e9 on January 4. January 19 FI aaled 180 cases via the USPS to custoners at arice of $15 per case, on account. January 21FI mailed 320 tags to customers at a price of $36 per tag, on account. Required: 1. Prepare joutnal entries for each of the above dates, assuming Fl uses a perpetual inventory system. (if no entry is required for o transaction/event, select "No Journal Entry Required" in the first account field.)
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