Required information [The following information applies to the questions displayed below.j The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations: Jan. 20 Purchased 500 units @ $7=$3,500 Apr. 21 Purchased 300 units 2 $ 92,700 July 25 Purchased 380 units 124,560 Sept. 19 Purchased 190 units 14 2,660 During the year, The Shirt Shop sold 1,110 T-shirts for $23 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 G] Required B GJ Required B GJ Required B T Required BT Acc LIFC Required BT Acc WA Required B FIFO LIFO WA Acc FIFC 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 4 Record the entry for purchase of inventory for cash on January 20 Note: Enter debits before credits Date General Journal Debit Credit Jan. 20