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: Jan. 20 Apr. 21 July 25 Sept. 19 Purchased Purchased Purchased Purchased 440 units @ $ 8 = 240 units @ $ 10 - 320 units @ $ 13 - 130 units @ $ 15 - $3,520 2,400 4,160 1,950 During the year, The Shirt Shop sold 930 T-shirts for $24 each. b. Record the above transactions in general journal form and post to T-accounts using (1) FIFO (2) LIFO, and (3) weighted average. 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. Required B Required B G) Required B G) Required 8 G) Required BT Required BT Required BT FIFO LIFO Ace FIFO Acc LIFO Acc WA Required B Required B G Required B G LIFO Required B G FIFO Required BT Required BT Required BT Acc FIFO Acc LIFO Acc WA Post to T-accounts using LIFO method. Assume all transactions are cash transactions. Cash Merchandise Inventory Beg. Bal Beg. Bal End. Bal ences Sales Revenue Cost of Goods Sold Beg. Bal Beg. Bal 11 End. Bal End. Ball Required B Required B G Required B G FIFO LIFO Required B G WA Required BT Required BT Required BT Acc FIFO ACC LIFO Acc WA Post to T-accounts using weighted average method. Assume all transactions are cash transactions. (Round cost per decimal places and final answers to the nearest whole dollar amount.) Cash Merchandise Inventory Beg. Bal Beg. Bal End. Bal rences Sales Revenue Cost of Goods Sold Beg Bal Beg. Bal End. Bal End Bal