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 Purchased 450 units @ January 20 $4,050 $9- April 21 Purchased 250 units @ 2,750 $11 = Purchased 330 units @ July 25 $14 = 4,620 September Purchased 140 units @ 2,240 19 $16 During the year, The Shirt Shop sold 960 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 Taccounts for each method. Assume all transactions are cash transactions Complete this question by entering your answers in the tabs below. Required Required Required Required Required Required Required B B GJ FIFO B GJ LIFO B GJWA BT ACC B T Acc BT ACC 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 34 Record the entry for purchase of inventory for cash on January 20 1 Note: Enter debits before credits Date General Journal Debit Credit Record entry View general Journal Clear entry Required & OJ FO>