prepare each JE from dec 1 -31

Famly Go-Karts sells motarized go-karts. Famly Go-Karts are motorized and are typically purchased by amusement parks and ocher recreation faciltes. but are also occasionaly purchased by individuals for their own personal use. The company uses a perpetual inventory sysiem. Selected transactions in the month of Decimber follow. Cick the icon to vew the transactons). Pead the requirements. Requirement 1. Prepare the joumal entries to fecord the transactions shown. Omit explanations. (Record debits first, then credits. Explanations arn not required. For stitutions that do not requirt an entry, make wire to select "No ontry required" in the fres cell in the "Accounts" column and leave al other fields blank). Dec 1: Famly sold 20 go-karts on account. The seling price of each go-kart was $1,100, the cost of goods sold for each was $450. Do not record the cost reiated to the salo. We will do the in the next journal entry. More info