Using the following transactions please answer the following:

Required B, use FIFO

Required B, use LIFO

Required B, use Weighted Average

T accound, use Fifo

T account, use Lifo

T account, use WA

Required information [The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations: Jan. 20 Apr. 21 July 25 Sept. 19 Purchased Purchased Purchased Purchased 450 units @ $ 9 = $4,850 250 units @ $ 11 = 2,750 330 units @ $ 14 = 4,620 140 units @ $ 16 - 2,240 During the year, The Shirt Shop sold 960 T-shirts for $25 each. Anahtarlerane lice Required B Required B G Required B G) Required B G) Required BT FIFO LIFO WA Acc FIFO Required BT Required BT Acc LIFO Acc WA Record the above transactions in general journal form using FIFO method. Assume all transactions are cash transactions. ( required for a transaction/event, select "No journal entry required in the first account field.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 Year 1 Cash No journal entry required 24,000 2 Year 1 Cost of goods sold Sales revenue 10,440 10,440 required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet x No Date General Journal Debit Credit Credit 1 Year 1 No Transaction Recorded 2 Year 1 No Transaction Recorded View transaction list View journal entry worksheet No Date Year 1 General Journal No Transaction Recorded Debit Credit 1 2 Year 1 No Transaction Recorded Post to T-accounts using FIFO method. Assume all transactions are cash transactions. Cash Merchandise Inventory Beg. Bal Beg Bal End. Bal es Sales Revenue Cost of Goods Sold Beg Bal Beg Bal End Bal End. Bal Post to T-accounts using FIFO method. Assume all transactions are cash transactions. Cash Merchandise Inventory Beg. Bal Beg Bal End. Bal as Sales Revenue Cost of Goods Sold Beg Bal Beg Bal End Bal End. Bal Cash Merchandise Inventory Beg Bal Beg. Bal End Bal es Sales Revenue Cost of Goods Sold Beg Bal Beg Bal End. Bal End. Bal