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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

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 840 T-shirts for $25 each.
b. Record the above transactions in general journal form and post to T-accounts assuming (1) 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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