Sunng me year onded December 31, 2014 Inventory and Purchases Sales Specific Units Sold Beginning 300 units April 29 200 units April 29 130 units from beginning inventory March 200 units August 22: 200 units 70 units from the March 4 purchase July 100 units sunt August 22 30 units from beginning inventory 100 units from the March 4 purchase 70 units from the July 8 purchase The units have a selling price of $120.00 per unit i awon that cert ne erelor a perpetual entry som chculate the cost of goods avimitable for sale and the number of into wonintie for sale, as well as the units romaning in Contofola Unfo Please to to the tunin by contributing the dollar value of cost of goods sold and ending vectory, as well as the proos proht emred by Xcut in using the specie antication dom canon Cost of Goods Solo Ending Wory GoPro c) Preparaties to record the following issuming sales and purchases are for cash The purchase on July 8b) The sale on August 22. Enter the transaction letters the tes.cnpton when you try Whatsacion requires two separate journal entries the same lot for both description Dates most be entered in the format ad mom D 150 General Accountplanation Dhe Page GIS F Deba Credit The Xcell company has the dew puchu nended December 31, 2014 Inventory and Purchases Sales Specific Units Sold Being 300 units Apr 29 200 units Apr 29 130 units tom beggy March 200 unist Apt 22 200 units 70 units to the Marchpuche Guly 100 units 579 August 2250 sombrary 100 units from the arch purchase 70 units from the purchase Theuns have a sling price of $120.00 per Given that can be employs a perpetual inventory wiem calculate the cost of goods available for sale and the number of swede swedste ting ending Cost of gode tite for sale Utsavable for Leginning tory b) Please e able by calculating the door of cost of goods sold and ending inventory wol as the gross profound out in the contem Spect Identification Cost of Doods Sold Ending Inventory Grosso Prepare journal entries to record the folowng (assuming a sales and purchases are for cash) (a) The purchase on (0) The sale on August 22. Enteraction is the Description when preparing a journal entry When a transaction requires two separate ournal entries use the same for both descriptions Dates must be entered in the format Sie 15 Jan) General Journal Page Account Explanation F Debit Credit