The following list summarizes the transactions that took place during a start up'ssecond year of operations. Using the information below (and assuming FIFO for inventory), how would I make a list of the appropriate journal entries?

a. Ordered and received 200 units of inventory purchased on account for $11 each

b. Delivered 150 units of inventory to customer who ordered on account for $16 each

c. At the start of the year, purchased a small R&D business for $85, consisting of the following

items (fair value in parentheses):

• Land ($20)
• Patents ($50) w/ 10 years of useful life remaining

d. Spent $25 on research and development.

e. Ordered and received 100 units of inventory purchased on account for $13 each

f. A customer placed an order on account for 250 units at $17 each. 220 units were delivered.