Puter's Paradise carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a particular line of Puner's Paradise's putters (Click the icon to view the records ) Read the requirements Requirement 1. Prepare a perpetual inventory record for the putters assuming Putter's Paradise uses the FIFO inventory costing method Then identity 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 and at the end of the period of the e ventory layers Test) Cost of Goods Sold Inventory on Hand Total Unit Total Total Unit Cost Quantity Cost Quantity Cost Cost Choose from any list or enter any number in the input fields and then continue to the next question GRAAD 400 carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a se's putters in to view the records.) 0 Data Table ments Date Q pry costing method. Then identify the Item Balance uantity 17 Unit Cost $ 68 Jun 1 . Prepare a perpetual inventory y and cost of goods sold for them ng the beginning inventory balance transactions have been entered in ter the oldest inventory layers first Sale tory on hand balances after each trans pry purchased, sold, and on hand at the 8 Purchase 20 $ 74 17 30 Sale Sale Purchases Unit Quantity Cost Total Cost Print Done am any list or enter any number in the inputs and then continue to the next question wyr M ments 0 Requirements hethod. Then ident Prepare a perpetua y and cost of goods ng the beginning inver transactions have be ter the oldest inventor balances after ead d. sold, and on hand 1. Purchases Prepare a perpetual inventory record for the putters assuming Putter's Paradise uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month Journalize Putler's Paradise's inventory transactions using the FIFO inventory costing method (Assume purchases and sales are made on account) 2. Unit Cost Quantity Print Done om any list or enter any H Putters Paradise cames an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a of Puer's Paradies puters Click the icon to view the records) Read the requirements Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Choose from any list of enter any number in the input fields and then continue to the next question e here to search P F G H I J K L : 1" c. r B NIMEL Luesuun. 15 UU15 IULIE ter's Paradise camies an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a po Putter's Paradise's putters Click the icon to view the records.) ead the requirements dentity the cost of ending inventory for the month The cost of ending inventory using the FIFO method is $ Identity the cost of goods sold for the month The cost of goods sold using the FIFO method is $ Requirement 2. Journalie Puther's Paradise's inventory transactions using the FIFO inventory costing method. (Assume purchases and sales are made on account) (Record debts est, then credits 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 6th Choose from any list or enter any number in the input fields and then continue to the next question ARTY 0 F G H I J 0 PISTO L K Putter's Paradise carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the fol of Putter's Paradise's putters: Click the icon to view the records) Read the requirements! account) (Record debits first, then credits. 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 6th Date Accounts and Explanation Debit Credit Jun 6 Choose from any list or enter any number in the input fields and then continue to the next question here to search - F G H I J K L 1 : c/ v BNM 1. 1. 1 M Putters Paradise carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the of Putter's Paradise's putters: (Click the icon to view the records) Read the requirements Now record the cost of the puters sold on the 6th Date Accounts and Explanation Debit Jun 5 Journalize the purchase of the putters on account on the oth Choose from any list or enter any number in the input fields and then continue to the next question e here to search F G H slik B M PILIS Padise's puders Click the icon to view the records.) Read the requirements Journalize the purchase of the putters on account on the 8th Date Accounts and Explanation Debit Credit Jun 8 Journalize the sale of the putters on account on the 17th Choose from any list or enter any number in the input fields and then continue to the next question re to search - F G H I J K L :1:1 Ev / BNM. 1.11 N of Putter's Paradise's putters: Click the icon to view the records) Read the requirements Journalize the sale of the putters on account on the 17th Date Accounts and Explanation Debit Credit Jun 17 Choose from any list or enter any number in the input Selds and then continue to the next question Type here to search D F G H J K 7clvi BNN L . . N Tuote Oy of puters and other golf clubs. The sales price of each putter is $119. Company records indicate of Putter's Paradise's putters: Click the icon to view the records) Read the requirements Journalize the cost of the putters sold on the 17th Date Accounts and Explanation Debit Credit Jun 17 Choose from any list or enter any number in the input fields and then continue to the next question pe here to search 0 F G c/vB H I J K L 1: N M Read the requirements Journalize the sale of the putters on account on the 30th. Date Accounts and Explanation Debit Credit Jun 30 Journalize the cost of the putters sold on the 30th Choose from any list or enter any number in the input fields and then continue to the next question pe here to search EART ruolella of FIGH crl B IN M Journalize the cost of the putters sold on the 30th Date Accounts and Explanation Debit Credit Jun 30 Choose from any list or enter any number in the input fields and then continue to the next question Type here to search TER Tropia olio c/ v B N