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Required information [The following information applies to the questions displayed below FindMe Inc. (FI) has developed a coin-sized tracking tag that attaches to key rings,wallets, and other items and can be prompted to emit a signal using a smartphone app. FI sells these tags, as well as water-resistant cases for the tags, with terms FOB shipping point. Assume FI has no inventory at the beginning of the month, and it has outsourced the production of its tags and cases. FI uses FIFO and has entered into the following transactions: Jan. 2: Fl purchased and received 370 tags from xioas Manufacturing (X) at a cost of $9 per tag, n/15 an. 4: FI purchased and received 170 cases from Bachittar Products (BP) at a cost of $3 per case, n/20 an. 6: FI paid cash for the tags purchased from XM on 3an. 2 an. 8: FI mailed 270 tags via the U.S. Postal Service (USPS) to customers at a price of $24 per tag, on account. an.11: FI purchased and received 470 tags from X at a cost of $12 per tag, n/15 an.14: FI purchased and received 270 cases from BP at a cost of $3 per case, n/20 an.16: FI paid cash for the cases purchased from BP on Jan.4 Jan. 19: FI mailed 230 cases via the USPS to customers at a price of $14 per case, on account an.21: FI mailed 370 tags to customers at a price of $24 per tag Required 1. Prepare journal entries for each of the above dates, assuming TI uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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