stion list Keira's Sports, Inc., carries a line of slanium putters Keira's Sports, Inc, uses the FIFO method and a perpetual inventory system. The sales price of each puter is $200 Company records indicate Kthe following activity for putters for the month of July (Click the icon to view the records.) Read the requirements. Question 11 Question 2 Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first) FIFO: Ju Purchases Cost of goods sold Unit Total Unit Total Date Qty Cost Cost Qty Cost Cost 1 7 Inventory on hand HD Unit Total Qty Cost Cost Data table x 11 19 Date Item Quantity Unit Cost Ju Balance 10 11 Sale 16 10 Purchase [ 28 ale Print Done Total Requirement 2. Joumalize the inventory transactions for Kaira's Sports, Inc. using the FIFO m en credits Exce on 1 the icon to view the records.) Read the requirements. Hon 2 July 7: Purchased 13 putters for $95 per putter, Date Jul T Journal Entry Accounts Debit Credi July 11: Sold 16 putters Begin by journalizing the revenue from the sale of putters on account. (Do not journalize the cost related to t Date 11 Journal Entry Accounts Debit Credit (Click the icon to view the records.) Read the requirements. Now journalize the cost of the putters sold. Date Jul 11 Journal Entry Accounts Debit Credit July 19: Purchased 11 putters for $98 per putter. Date Jul 19 July 28: Sold 8 putters. Journal Entry Accounts Debit Credit Keira's Sports, Inc., carries a line of sanium putters Kaira's Sports, Inc, uses the FIFO method and a perpetual in the following activity for putters for the month of July (Click the icon to view the records) Read the moments July 28: Sold 8 puters Begin by journalizing the revenue from the sale of puters on account, (Do not journalize the cost related to the sale yo Date 28 July 28: Sold & putters Journal Entry Accounts Now jumale the cost of the putters sold 2 W Date S 28 73 80 E D $ 4 Debit Credit Journal Entry Accounts Debit Cred STAO MacBook Air % 5 *10 3 6 7 - 8: 8 9 R T Y U A LL F GH r X C V B N M H command