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Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of $385$ units from the January $30$ purchase, $5$ units from the January $20$ purchase, and $15$ units from beginning inventory.

$\backslash$table$[[$Date$,$Activities,Units Ac$,$uired at C$,,$Units sold,at$,$etail$],[$January $1,$Beginning inventory,$225$ units @$,$$$15\mathrm{.}00=,$$$3,375,,,],[$January $10,$Sales,,,,$175$ units,@$,$$$24\mathrm{.}00],[$January $20,$Purchase,$180$ units @$,$$$14\mathrm{.}00=,2,520,,,],[$January $25,$Sales,,,,$210$ units,@$,$$$24\mathrm{.}00],[$January $30,$Purchase,$385$ units,$$12\mathrm{.}00=,4,620,,,],[$Totals$,790$ units,$$10,515,385$ units,,$]]$

Record journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered.

$1$ Record the sale of goods.

$2$ Record the cost of sale.

$3$ Record the purchase of inventory.

Record the sale of goods.

$5$ Record the cost of sale.

Credit

$6$ Record the purchase of inventory.

Note : $=$ journal entry has been entered