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Required informetion Use th allowinitinformation for the Exercises 3-7 below. (Algo) They in in inion applies to the questions displayed betow] Laker Company iported the following January purchases and sales data for its only product. The Compony uses a pe ilc inventory system. For specific identification, ending imventory consists of 210 units, where 180 are from the 1. Sis chase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Exercise 5-6A (Algo) Perpetual: Journalizing transactions LO P3 Record joumal entries for Laker Company's soles and purchasen transactions. Assume for the assignenent that the conipany unes a perpetuat inveritary bystem and Fifo. Al soles and parchases are mode on account and no discounts are offered. Journal entry worksheet January 30 purchase. 5 dr. ichase. ond 25 are from beginning inventory Exereise 5-6A (Alg of Perpetuai: Journalizing transactions LO P3 perpertiat limentor. FFO All soles and purchases are made on account, and no discounts are offered Pitriner, liveriany syrieti Janciary 30 purchase 5 in purchase, and 25 ore from beginning inventory. Exercise 5-6A (Algo) Peritetual: Journalizing transactions LO P3 Record pournat er perpetudinvert. Company's soles and purchases transactons. Assume for this assigniment that the company uses a inad fil Al salis and purchases afe made on account, and no discounts ate offered. Hanciry 30 purchase 5 are ichate, and 2.5 are from becinning insentan Exercise 5-6A (Algo) Perperuali Journalizing transactions LO P3 Record youmbl enti perpetioal inveritory Cimpany s sales and purchases transactions. Assume for thes assyenment that the company uses a IFO. All sales and purchases nee made on account and no discosints tase offered Jancary 30 purchase 5 ore 1 ishase, and 25 are from beginning inventory. Exercise 5-6A (Algo) Perpetuai: Journalizing transactions LO P3 Hecons joumat entrie impary's soles and purchoses transactions. Assume for this assigniment that the company uses a perpetual invertory fo All soles and purchases are made on occount, and no discounts are offered. January 39 purchase 5 are fir -asse, and 25 are from beginning invertory. Exercise 5.6A (Algo) Ferpetual: Journalizing transactions LO P3 Hecord joutnal entrien Dany's sales and purchoses transactions. Assume for the ossignment thot the company unes a perpetues iriventory Al sales and purchoses are made on occount, and no discounts are offured Exereise 5.6A (Algo) Ferpetuali Journalizing transactions LO P3 Record journai entrie: perpetual imventory: prony's soles and purchases transactions. Assume for this assigniment that the combany uses a 10 All soles and purchoses are mede on account, and no discounts are offered