Sunland Company sells one product. Presented below is information for January for Sunland Company. Sunland uses the FIFO

[answerhappygod]

Sunland Company sells one product. Presented below isinformation for January for Sunland Company.
Sunland uses the FIFO cost flow assumption. All purchases andsales are on account.
(a)
Assume Sunland uses a periodic system. Prepare allnecessary journal entries, including the end-of-month closing entryto record cost of goods sold. A physical count indicates that theending inventory for Januaryis 111 units. (If no entry is required,select "No entry" for the account titles and enter 0 for theamounts. Credit account titles are automatically indented whenamount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
choose a transaction date Jan. 1Jan. 4Jan. 11Jan. 13Jan.20Jan. 27Jan. 31
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date Jan. 1Jan. 4Jan. 11Jan. 13Jan.20Jan. 27Jan. 31
enter an account title