Snow-Tech Inc. sells an Xpert ski that is popular with ski enthusiasts. The following information shows Snow-Tech's purchases and sales of Xpert ski during November: Prepare journal entries to record purchases (on account) and sales (cash) for Snow-Tech in a perpetual inventory system using FIFO. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) (To record the inventory sold) (To record sales) (To record the inventory sold)
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