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The following inventory transactions apply to Green Company for Year 2 : The beginning inventory consisted of 1 8 0 units at $ 9 per

The following inventory transactions apply to Green Company for Year 2:
The beginning inventory consisted of 180 units at $9 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.)
Journal entry worksheet
1
Record entry inventory purchased for cash.
Note: Enter debits before credits.
b. Compute cost of goods sold for Year 2.
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