! 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 January 20 Purchased 450 units 5 9 $4,050 April 21 Purchased 250 units $11 2.750 July 25 Purchased 330 units $14 4,620 September 19 Purchased 140 units $16 2,248 During the year, The Shirt Shop sold 960 T-shirts for $25 each OM 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 Complete this question by entering your answers in the tabs below. FIFO Required B Required BG Required 8 G Required GI Required BT Required BT Required BT UFO WA Acc FIFO AceLIFO Acc WA Record the above transactions in general Journal form. (1r no entry is required for a transaction/event, select No journal entry required In the first account hield.) View transaction lit Journal entry worksheet 1 2 3 4 > Record the entry for purchase of inventory for cash on January 20