Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 4 (The following information applies to the questions displayed below The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations: Part 2 of 3 a-11 20 Purchased 400 unitss 8 3,200 Apr 21 Purchased 200 unita e s10-2,000 Tuly 25 Purehased 280 units $13-3,640 Sept: 19 Purchased 90 units$15 1,350 points During the year. The Shirt Shop sold 810 T-shirts for $20 each form and post to T-accounts using () FIFO, (2) LIFO, and (3) weighted everage. Use b. Record the above transactions in general journal e separate set of journal entries and T-accounts for each method. Assume all transactions are cash transactions 3 Answer is not complete. Complete this question by entering your answers in the tabs below | Required B T Acc LIFO Required BGJ Required B G: Required B G), Required B T Required T Required B FIFO LIFO WA ACC FFO Acc WA Record the above transactions in general journal form using weighted average method. Assume all transactions are cash transactions. (Ifino entry is required for a transaction/event select iNG Sournal entry required in the first account fteld Round cost per unit to 2 decimal places and final answers to the nearest whole dollar amount) Date General Journal Debit Credit Year 1 Cash 10.190 10.190 K Prex 4 5 of 5 Next > Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 4 IThe following information applies to the questions displayed below. The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations: Part 2 of 3 Jan. 20 Purchased 400 unitss8- $3,200 Apr. 21 Purchased 200 units $10- 2,000 July 25 Purchaned 280 units $13- 3,640 Sept. 19 Purchased 90 units $15 1,350 points During the year, The Shirt Shop sold 810 T-shirts for $20 each. b. Record the above transactions in general ournal form and post to T-accounts using (1 FFO (2) LIFO and weighted everage use a separate set of journal entrles and T-accounts for each method. Assume all transactions are cash transactions Answer is not complete. Complete this question by entering your answers in the tabs below. Required B G: Required B G) Required BT Reau red B T Acc LIFC Required BT Acc WA Required B Required BG 8 FO LIFO Acc FIFO Record the above transactions in general journal form using LIFO method. Assume all transactions are cash transactions. (f no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Goneral Journal Debit Credit No Date 24,300 Year 1 Merchandise inventory 2,400 Required BQJ FIFO Required BOJWA > K Prex 45 of5 Next >