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Snow-Tech Inc. sells an Xpert ski that is popular with ski enthusiasts. The following information shows Snow-Tech's purchases and sales of Xpert ski during November:

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Snow-Tech Inc. sells an Xpert ski that is popular with ski enthusiasts. The following information shows Snow-Tech's purchases and sales of Xpert ski during November: Date Explanation Units Unit Cost/Price Nov. 1 Beginning inventory 34 $296 5 Purchases 23 301 12 Sales (40 ) $461 19 Purchases 42 306 22 Sales (48 ) 513 25 Purchases 33 311 44Prepare journal entries to record purchases and sales for Snow-Tech in a periodic inventory system using FIFO. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Nov. 5 12 19 22 25 30

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