Question: Below are the beginning inventory, purchases, and sales data for Boys Swim Trunks: Apr. 3 Inventory 25 units @ $11 11 Purchase 26 units @

Below are the beginning inventory, purchases, and sales data for Boys Swim Trunks:

Apr. 3 Inventory 25 units @ $11
11 Purchase 26 units @ $12
14 Sale 36 units @ $20
21 Purchase 18 units @ $16
25 Sale 20 units @ $24

Assuming the business maintains a perpetual inventory system, journalize each sale AND its cost of goods sold using the LIFO method.

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