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The following inventory transactions apply to Green Company for Year 2: Jan. 1 Purchased Apr. 1 Sold Aug. 1 Purchased Dec. 1 Sold 240 units

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The following inventory transactions apply to Green Company for Year 2: Jan. 1 Purchased Apr. 1 Sold Aug. 1 Purchased Dec. 1 Sold 240 units @ $ 10 120 units @ $20 430 units @ $11 538 units $21 The beginning inventory consisted of 195 units at $11 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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