The following inventory transactions apply to Green Company for Year 2: Jan. 1 Apr. i Aug. 1 Dec. 1 Purchased Sold Purchased Sold 260 units @ $ 11 130 units @ $ 20 360 units @ $ 12 450 units @ $ 21 The beginning inventory consisted of 175 units at $12 per unit. All transactions are cash transactions. Required a. Record these transactions in general journal format assuming Green uses the FIFO cost flow assumption ar records. (If no entry is required for a transaction/event, select "No journal entry required" in the first accou & Answer is complete but not entirely correct. 12/01 9,450 Cash Sales revenue 9,450 12/1b 9,450 Cost of goods sold Inventory 9,450 X b. Compute cost of goods sold for Year 2. Cost of goods sold