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Red Required Information [The following information applies to the questions displayed below.) Kangaroo Jim Company reported beginning inventory of 420 units at a per unit

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Red Required Information [The following information applies to the questions displayed below.) Kangaroo Jim Company reported beginning inventory of 420 units at a per unit cost of $20. It had the following purchase and sales transactions during the year January 14 Sold 340 units at unit sales price of $40 on account. April 9 Purchased 330 additional units at a per unit cost of $20 on account. September 2 Sold 300 units at a sales price of $45 on account. December 31 Counted inventory and determined 110 units were still on hand. Required information 12 Answer is not complete. General Journal NO 1 Date January 14 Chet De 13.600 Account Receivati Service Revenge 5 ins 13.00 2 January 14 No Joumal Entry Required o 3 And 00 6000 Purchases Accounts Payable 4.000 Oo oo 4 September 02 Accounts Receivable Service Revue 13.500 13.500 5 September 02 No Journal Entry Required 6 December 31 2200 12.500 Inventory Cost of Goods Sold Inventory Purchase OOOO 34000 6.000 View transaction list Journal entry worksheet ipped Record the cost of goods sold, if needed, for the sale of 340 units at $40 on account Book Noter Enter debits before credits Hint General Journal Debit Credit Date January 14 Print References View general Journal Clear entry Racord entry 2 View transaction lit Journal entry worksheet pad 1 2 5 6 > Record the purchase of 330 additional units at a per unit cost of $20 on account. Book Note: Enter debits before credits Hint General Journal Dabit Credit Date April 09 Print ferences View general journal Record entry Clear entry View transaction list Journal entry worksheet ed

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