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Required information [7' he following information applies to the questions displayed below. ] The Shirt Shop had the following transactions for Tshirts for Year 1,

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Required information [7' he following information applies to the questions displayed below. ] The Shirt Shop had the following transactions for Tshirts for Year 1, its first year of operations: Jan. 20 Purchased 490 units @ $ 8 = $3,920 Apr. 21 Purchased 290 units @ $ 10 = 2,900 July 25 Purchased 370 units @ $ 13 = 4,810 Sept. 19 Purchased 180 units 8 $ 15 = 2,700 During the year, The Shirt Shop sold 1,080 Tshirts for $24 each. Required B Required B GJ Required B GJ Required B GJ Required B T Required B T Required B T FIFO LIFO WA Acc FIFO Acc LIFO Acc WA Record the above transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 Record the entry for purchase of inventory for cash on January 20. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 20

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