Required: Prepare the journal entries to record these transactions on the books of Raymond and Geeslin. Use the following information for Brief Exercises 6-35 and 6-36 Tyler Company has the following information related to purchases and sales of one of its inventory items. Date Description Units Purchased at Cost Units Sold at Retail s6 Sept. Beginning inventory 20 units @ S5 30 units @ S8 0 Purchase 20 Sales 25 Purchase Re 40 units @ S15 25 units at S10 ECTIVE Brief Exercise 6-35 Inventory Costing Methods Refer to the information for Tyler Company above and assume the company uses a perpetual inventory system. Required Calculate ending inventory and cost of goods sold using the FIFO, LIFO, and average cost methods