Required information The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specfic identification, ending inventory consists of 210 units from the January 30 purchase, 5 units from the January 20 purchase, and 30 units from beginning inventory. Record journal entries for Laker Company's soles and purchases transacrions. Assume for this assignment that the comparty uses a perpetual irventory system and FiFO. All sales and purchases are made on account, and no discounts are offered. Record joumal entines for Laker Company's sales and purchases transactions Acsume for this assigicument that the carmpary uses a perpetual irventory system and EIFO. All soles and purchases ere made on account, and no discounts are offered Record journal entress for Laker Compary's sales ond purctases transoctions. A5sume for this issignment that the coinpary uske a perpetual irventory systern and FFO. Alf sales and purchases are made ? account, and no discourits are offered Journal entry worksheet Mater Ereeridetice tofore Dedta: Fecord foumat entries for laker Compary's 5ales and purchases transactions. Assume for this assigntinent that the compnny trses a verpetial inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered Journal entry worksheet tecord journal entries for Laker Compary's sales and purchases rronsactions. Assume for this assignment that the compaity uses a erpetial inventory sysfem and FIFO. All sales and purchases are made on account and no discounts are offered Journal entry worksheet