The following inventory transactions apply to Green Company for Year 2:

Jan. 1	Purchased	270	units	@	$	11
Apr. 1	Sold	135	units	@	$	20
Aug. 1	Purchased	430	units	@	$	12
Dec. 1	Sold	538	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 and keeps perpetual records. (If 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.

Journal entry worksheet