use perpetual inventory system to journal the entries

calculate cost of good sold useing LIFO method

Bordeaux Company has the following information related to purchases and sales of one of its inventory items: \begin{tabular}{rll} Date & \multicolumn{1}{c}{ Description } & Units Purchased at Cost \\ \hline June 1 & Beginning Inventory & 150 units (i) $10=$1,500 \\ 9 & Purchase 1 & 200 units (i)$12=$2,400 \end{tabular} 14 Sale 1 300 units @$25 22 Purchase 2 250 units (iii $14=$3,500 29 Sale 2 225 units $25 Assume that Bordeaux uses a perpetual inventory system