Preparing a perpetual inventory record and journal ent Requirements 1. Prepare Boston Cycle's perpetual inventory record assuming the company uses the ap th e2 S6-4 Preparing a perpetual inventory record and journal entries-FIFO S6-9 FIFO inventory costing method / 2. Journalize the October 16 purchase of merchandise inventory on account and the October 31 sale of merchandise inventory on account. Preparing a perpetual inventory record and journal ent Requirements 1. Prepare Boston Cycle's perpetual inventory record assuming the company uses the ap th e2 S6-4 Preparing a perpetual inventory record and journal entries-FIFO S6-9 FIFO inventory costing method / 2. Journalize the October 16 purchase of merchandise inventory on account and the October 31 sale of merchandise inventory on account