Requirement 2. Journalize all of Watches R Us's inventory transactions for June under all three costing methods. Assume all sales and purchases are on account. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing Watches R Us's inventory transactions for June under the FIFO method. Jun. 3: Sold 8 units for $100 each. Start by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Accounts Debit Credit Jun. 3 (FIFO) i More Info Jun. 3 16 23 Sold 8 units for $100 each. Purchased 10 units at $56 each. Sold 8 units for $100 each. Print Print Done Done