(The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Units sold at Retail 100 units @ $ 15 Date Activities Units Acquired at Cost Jan. 1 Beginning inventory 140 units @ $6.00 - $ 840 Jan. 10 Sales Jan. 20 Purchase 60 units @ $5.00 - 300 Jan. 25 Sales Jan. 30 Purchase 180 units @ $4.50 810 Totals 380 units $1,950 80 units @ $ 15 180 units Record journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the com perpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered. View transaction list Journal entry worksheet