Question: using the pictured transactions please make a general Journal for 1 record the sale of good 2 record the cost of sale 3 record the

 using the pictured transactions please make a general Journal for 1
using the pictured transactions please
make a general Journal for
1 record the sale of good
2 record the cost of sale
3 record the purchase inventory
4 record the sale of goods
5 record the cost of sale
6 record the purchase inventory

Required information [The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 200 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. ord journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company petual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered

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