Same question but when it says the company its the Big Fish Company.

Data table Requirement 2. Journalize for Ontario total August sales and cost of goods sold in two summary entries, under the perpetual system. The selling price was $525 per unit and all sales were on credit. Assume that Ontario uses the FIFO inventory method. (Record debits first. then credits. Exclude explanations from any journal entries.) Let's start by recording the entry for August sales. Do not yet record the cost related to the sale. We will do this in the next journal entry. Now record the entry for the cost of inventory sold assuming FIFO Now record the entry for the cost of inventory sold assuming FIFO. Requirement 3, Under FIFO, how much gross profit would Ontario earn on for the month ending August 31 ? What is the FIFO cost of Ontario Company's ending inventory? The gross profit earned on these transactions is The FiFO cost of ending inventory is Requirement 1. Joumalize for Ontario total August purchases in one summary entry, under the perpetual system. All purchases were on credit (Record debils fist, then caedits. Exclude explanations from any joumal entries.) Data table Requirement 2. Journalize for Ontario total August sales and cost of goods sold in two summary entries, under the perpetual system. The selling price was $525 per unit and all sales were on credit. Assume that Ontario uses the FIFO inventory method. (Record debits first. then credits. Exclude explanations from any journal entries.) Let's start by recording the entry for August sales. Do not yet record the cost related to the sale. We will do this in the next journal entry. Now record the entry for the cost of inventory sold assuming FIFO Now record the entry for the cost of inventory sold assuming FIFO. Requirement 3, Under FIFO, how much gross profit would Ontario earn on for the month ending August 31 ? What is the FIFO cost of Ontario Company's ending inventory? The gross profit earned on these transactions is The FiFO cost of ending inventory is Requirement 1. Joumalize for Ontario total August purchases in one summary entry, under the perpetual system. All purchases were on credit (Record debils fist, then caedits. Exclude explanations from any joumal entries.)