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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 Year 1, its first

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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 Year 1, its first year of operations: Jan. 20 Apr. 21 July 25 Sept. 19 Purchased Purchased Purchased Purchased 440 units @ $ 8 - $3,520 240 units @ $ 10 - 2,400 320 units @ $ 13- 4,160 130 units @ $ 15 - 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 FIFO Required B G LIFO Required B G WA Required BT Required BT Required BT Ace FIFO Acc LIFO Acc WA Required B Noyunu D FIFO Neuleu D LIFO reyul EU DU Requi EU DI REYN EU DI Rey EU DI WA Acc FIFO Acc LIFO Acc WA Record the above transactions in general journal form using LIFO method. Assume all transactions are cash tra required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Book Journal entry worksheet

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