The following Inventory transactions apply to Green Company for Year 2. January 1 April 1 Purchased 29e units e $11 Sold 145 units @ $17 Purchased 450 units e $12 Sold 563 units @ $18 August 1...

2 Record purchases of inventory for cash. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Required A Required B > "/>
Extracted text: The following Inventory transactions apply to Green Company for Year 2. January 1 April 1 Purchased 29e units e $11 Sold 145 units @ $17 Purchased 450 units e $12 Sold 563 units @ $18 August 1 December 1 The beginning Inventory consisted of 195 units at $12 per unit. All transactions are cash transactions. Required a. Record these transactions In general journal format assuming Green uses the FIFO cost flow assumptlon and keeps perpetual records. b. Compute cost of goods sold for Year 2. Complete this question by entering your answers in the tabs below. Required A Required B 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.) View transaction list Journal entry worksheet 3 4 5 6 > 2 Record purchases of inventory for cash. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Required A Required B >


Extracted text: The following Inventory transactions apply to Green Company for Year 2. Purchased 29e units @ $11 Sold 145 units e $17 Purchased 45e units @ $12 January 1 April 1 August 1 December 1 Sold 563 units @ $18 The beginning inventory consisted of 195 units at $12 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. b. Compute cost of goods sold for Year 2 Complete this question by entering your answers in the tabs below. Required A Required B Compute cost of goods sold for Year 2. Cost of goods sold < required="" a="" required="" b="">