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The following inventory transactions apply to Green Company for Year 2: Jan. 1 Apr. 1 Aug. 1 Purchased Sold 200 units @ $ 9 100
The following inventory transactions apply to Green Company for Year 2: Jan. 1 Apr. 1 Aug. 1 Purchased Sold 200 units @ $ 9 100 units @ $18 Dec. 1 Purchased Sold 380 units @ $10 475 units @ $19 The beginning inventory consisted of 190 units at $10 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.)
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