Question: can someone help me make a journal entry for this Required information [The following information applies to the questions displayed below) FindMe Incorporated, (FI) has
Required information [The following information applies to the questions displayed below) FindMe Incorporated, (FI) has developed a coin-sized tracking tag that attaches to key tings, wallets, and other items and can be prompted to emit a signal using a smartphone app. Fi sells these tags, as well as water-resistant cases for the tags; with terms FOB shipping point. Assume FI has no inventory at the beginning of the month, and it has outsourced the production of its tags and cases. F uses FFF and has entered into the following transactions: January 2.I purchased and ruceived 320 tags fron Xioasi Manufacturing (XM) at a cost of 511 per tak, n/Is. January AfI purchased and received 120 cises from Bachittar Product (0P ) at a cost of 54 per case, n/2e. dancary 6FI potd eash for the tags purchased frem or on January 2 . Janaary b.F1 ealled 220 tags via the U.5. Postol Service (USps) to custoeecs at price of 536 per tag, en account. January 11 f 1 purchased and recedved 420 tage froe X4 at a cost of 114 per tag, n/15, January 14Fl purchased and received 220 cases fron be at a cost of $5 per case, k/20. Jansary 16+T pafd cash for the cases purchased from ef on ganuary a lanuary 21ft ealled 720 tags to custosens at a peles of 136 per tag, on account
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