Record the above transactions in general journal form and post to T-accounts assuming () FIFO, (2) LIFO, and (3) weighted-average methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions

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Required information [The following information applies to the questions displayed below.] The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations. During the year, The Shirt Shop sold 1,260 T-shirts for $26 each. b. Record the above transactions in general journal form and post to T-accounts assuming (1) FFO, (2) LIFO, and (3) weighted-average methods. Use a separate set of journal entries and T-accounts for each method. Assume ali transactions are cash transactions. Complete this question by entering your answers in the tabs below. Lomprete this quesuon dy entering your answers in the tabs detow. Recond the above transactions in general journal form using FFo method. Assume all transactions are cash transactions. (If no e required for a transaction/event, select "No journal entry required" in the first account field.)