The following inventory transactions apply to Green Company for Year 2: Jan. 1 Purchased Apr. 1 Sold Aug. 1 Purchased Dec. 1 Sold 260 units $ 11 130 units 18 70 units12 463 units19 The beginning inventory consisted of 170 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 and keeps perpetual records. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 3 4 6 Record entry inventory purchased for cash. Note: Enter debits before credits. Date General Journal Debit Credit 01/01 b. Compute cost of goods sold for Year 2. Cost of goods sold