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Question Three: Direct Applying: Journal Entries ( 8 items) are worth 24 marks/ 3 marks per entry - Other items are worth 2 marks per item -total question marks is 30 marks Assuming the periodic itrventory systern is used, determine, using flFO: (A) CoGs for the October 12 5ales cocs tor the October 20 Sales. (C)The Balance of ending inventory in units and total cost on October 31 . Pre the appropriate fournal entries to record: (D) The October 6 purchase (F) The October 11 Purctase ( F ) October 16 Purchase. (G) The October 30 Purchase, (H) The October 12 . Sales. (1) The October 20 Sales (1) entries to close the October income statement items to income Summary. (Assume that sales rewereut and elements of cost of goods sold are the only income statement isems.)