View Policies Current Attempt in Progress Pharoah Company sells an ultra-lightweight snowboard that is considered to be one of the best on the market. Informatic follows for Pharoah's purchases and sales of the ultra-lightweight snowboard in October: Unit Purchase Price Transaction Unit Sales Price Date Units Oct. 1 Beginning inventory 25 $305 10 Purchase 30 311 12 Sale (42) $471 13 Purchase 35 318 25 Sale (45) 481 27 Purchase 20 324 Assume that all of Pharoah's sales are for cash and all of its purchases are on account. Record the purchase on October 10 and sale on October 12 for Pharoah Company in a perpetual inventory system un SIE 112 A 10 19 Assume that all of Pharoah's sales are for cash and all of its purchases are on account. Record the purchase on October 10 and sale on October 12 for Pharoah Company in a perpetual inventory system under (1) FIFO and (2) weighted average. (Round the weighted average cost per unit to three decimal places, e.g. 5.275 and final answers to 2 decimal places, e.g. 5,275.25. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Perpetual - FIFO Oct. 10 (To record purchase on account.) Oct. 12 (To record cash sales.) AS 10 19 Oct. 12 (To record cash sales.) Oct. 12 (To record cost of goods sold.) Perpetual - Weighted Average Oct. 10 (To record purchase on account.) Oct. 12 (To record cash sales.) 10 ... (To record cash sales.) Oct. 12 (To record cost of goods sold.) List of Accounts Record the purchase on October 13 and sale on October 25 for Pharoah Company in a periodic inventory system under (1) FIFO and (2) weighted average. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Periodic--FIFO Debit Credit A 10 ... 9 MacBook Air Date Account Titles and Explanation Debit Credit Periodic-FIFO Oct. 13 (To record purchase on account.) Oct. 25 I (To record cash sales.) Periodic-Weighted Average Oct. 13 (To record purchase on account.) 11 A 10 SA 19 (To record cash sales.) Periodic-Weighted Average Oct. 13 (To record purchase on account.) Oct. 25 (To record cash sales.) ist of Accounts For Later Attempts: 0 of 5 used Submi 11 10 19