Both reflects question 2.

Go back to Problem 2, and for the LIFO table you created (in part (a)), produce all general journal entries for January 18th and 24th . (assume all activity is "on account" three entries in all) Monomaniacs Inc. makes use of a perpetual inventory system for the goods it sells. During January 2021 , the following transactions took place: Required: Use the information above to produce a 9-column perpetual inventory. schedule of merchandise activity in January, 2022. When complete, circle or highlight the ending inventory, as well as the cost of goods sold for each of the two tables you will complete, based on the following perpetual methods: a) LIFO b) Moving Average