Shepherd Cycle sted deber with 15 bicycles that cost each on October 16, Shepherd purchased stickers at 76 each on October 31, Shepherd od 20 cycles for $100 cach Requirements 1. Pe Shepherd Cides perpetual consuming the company uses the Firo ventory conting method 2. Joumanize the October purchase of merchandise ventry on account and the October 3 of merchande wory on count Requirement Prepare Shepherds perpetua inventory record assume the company was the FIFO Inventory costing method Start by entering the begining to an enter the transactions concret, Crew Inventory on and safe each one of the actions have been entre into me perpetua com cate that and the sound on the end of the period (Enter the oldest layers And OTO Toto Shepherd Cycles Purchases Cost of Goods Sold Inventory on Hand Date QTY Unit Cost Tot Cost OTY Unit Cont Totest QTY Cost Tot. Cost Joct to Oct 31 Requirement de pary on account de cobertes coses