Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. ! Required information [The following information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 190 units from the January 30 purchase, 5 units from the January 20 purchase, and 20 units from beginning inventory. Record journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and FFO. All sales and purchases are made on account, and no discounts are offered. Search