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Required information (The following information applies to the questions displayed below.] Tree Seedlings has the following current-year purchases and sales for its only product Units

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Required information (The following information applies to the questions displayed below.] Tree Seedlings has the following current-year purchases and sales for its only product Units required at Coat 40 units $2 - $ 80 Units sold at Retail 30 units & $8 70 units @ $3-$210 Date Activities Jan. 1 Beginning inventory Jan. 3 Sales Feb. 14 Purchase Feb. 15 Sales June 30 Purchase Nov. 6 Sales Nov. 19 Purchase Totals 60 units $8 90 units $4 - $360 86 units $8 20 units @ $5 220 units - $100 $750 176 units cord journal entries for Tree Seedlings' sales and purchases transactions. Assume for this assignment that the company uses a rpetual inventory system and LIFO. All sales and purchases are made on account, and no discounts are offered

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