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Comedec. cares a line of an am putus Golf Unlimited Inces the LIFO method and a perpetual Inventory system. The sale price of each putter is 177 Company records indicate the following activity for patien the meth of July Lack the icon View the records Head the Realment 1. Prepare a perpetual inventory record for the pures on the LIFO hasis to determine the cost of ending inventory and cost of good old for the month Start by storing the beginning inventory balance Enter the radio in chronological order, calculating www Inventory on band balcon al achamation och all of the man wherede paperecord colletve quantly and total cost of inventory purchased olid and on hand at the end of the old for cost of goods or the first tout under og for en hand in fret) LO Purchases Cost of goods sold Inventory on hand Un Total Total Unit Yotel Gly Cou Cost Oty Cou ary Cost Cou Cost putters. Golf Unlimited, Inc., uses the LIFO method and a perpetual inventory system. The sales price of each putter is $177. Company re Requirements 1. Prepare a perpetual inventory record for the putters on the LIFO basis to determine the cost of ending inventory and cost of goods sold for the month 2. Journalize the inventory transactions for Golf Unlimited, Inc., using the perpetual LIFO method Assume all purchases and sales are on account Print Done X Data Table w Date Item Quantity Unit Cost Int ty Jul 1 Balance 7 $ 95 7 Purchase 10 $ 96 11 Sale 13 19 Purchase 16 $ 98 28 Sale 10 Print Done