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. During the year, The Shirt Shop sold 1,170 T-shirts for $25 each. b. Record the above transactions in general journal form and post to T-accounts assuming (7) FIFO, (2) LIFO, and (3) weighted methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash transaction Complete this question by entering your answers in the tabs below. Record the above transactions in general journal form. (if no entry is required for a transaction/event, select "No fournal entry req in the first account field. Record the above transactions in general journal form. (If no entry is required for a transaction/event, select "No journal In the first account field.) Record the above transactions in general joumal form using FIFO method. Assume all transactions are cash transactions. required for a transaction/event, select "No journal entry required" in the first account field.) Record the above transactions in general joumal form using LIFO method. Assume all transactions are cash transactions required for a transaction/event, select "No journal entry required" in the first account field.) b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash tr Complete this question by entering your answers in the tabs below. Record the above transactions in general journal form using weighted average method. Assume all transactions are cash no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round cost per t places and final answers to the nearest whole dollar amount.) b. Record the above transactions in general journal form and post to T-accounts assuming (1) FIFO, (2) LIFO, and (3) methods. Use a separate set of journal entries and T-accounts for each method. Assume all transactions are cash tr Complete this question by entering your answers in the tabs below. Record the above transactions in general journal form using weighted average method. Assume all transactions are cash no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round cost per t places and final answers to the nearest whole dollar amount.) Post to T-accounts using FIFO method. Assume all transactions are cash transactions