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The following inventory transactions apply to Green Company for Year 2: Jan. 1 Purchased230 unitse $12 Apr. 1 Sold 115 unitse$20 Aug. 1 Purchased400 unitse$13

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The following inventory transactions apply to Green Company for Year 2: Jan. 1 Purchased230 unitse $12 Apr. 1 Sold 115 unitse$20 Aug. 1 Purchased400 unitse$13 Dec. 1 Sold 500 unitse$21 The beginning inventory consisted of 165 units at $13 per unit. Alltransactions are cash transactions. Required a. Record these transactions in general journal format assuming Green uses the FIFO cost flow assumption and keeps perpetual records. af no entry is required for a transaction/event, select "No journal entry required" in the first account field.) b. Compute cost of goods sold for Year 2

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