Assume Chippewas uses a perpetual system. Prepare all necessary journal entries. (Round answers to 0 decimal places, e.g. $6,578. Credit account titles are automatically indented when amount is entere

Assume Chippewas uses a perpetual system. Prepare all necessary journal entries. (Round answers to 0 decimal places, e.g. $6,578. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

Jan. 4

(To record the sale)

(To record the cost of inventory)

Jan. 11

Jan. 13

(To record the sale)

(To record the cost of inventory)

Jan. 20

Jan. 27

(To record the sale)

(To record the cost of inventory)

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