Current Attempt in Progress Blossom Novelty had a beginning inventory balance on July 1 of 410 units at a cost of $2.80 each. During the month, the following inventory transactions took place: Prepare journal entries to record the July 10 purchase and the July 11 sale using (1) FIFO periodic and (2) FIFO perpetual. Assume both the sale and purchase were for cash. (ff no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entriesi. (1) FIFO periodic (2) FIFO perpetual Date July 10 July 11 (To record cash sales.) July 11 (To record cost of goods sold.)