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Required information Use the following information for the Exercises 11-13 below. (Algo) [The following information applies to the questions displayed below] Tree Seedlings has the

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Required information Use the following information for the Exercises 11-13 below. (Algo) [The following information applies to the questions displayed below] Tree Seedlings has the following current-year purchases and sales for its only product. Exercise 5-12 (Algo) Perpetual: Journalizing transactions LO P1 Record journal entries for Tree Seedlings' sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and LIFO. All sales and purchases are made on account, and no discounts are offered

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