The following information for Urbanski Corporation relates to the three months ending June 30, 2011: 
Urbanski uses the LIFO method to account for inventory, and expects at least 15,000 units to be on hand in the ending inventory at year-end. Purchases made in the last six months are expected to cost an average of $18 per unit.
Prepare the journal entries to reflect the sales and cost of goods sold, assuming Urbanski does not expect to replace the liquidated inventory at year-end.
Definitions:
Sobriety
The state of not being under the influence of alcohol or drugs and often a goal in treatment for substance abuse.
Period
A length or portion of time.
Symptom-Based
Symptom-based approaches focus on identifying and treating the specific symptoms of a disorder or condition rather than its underlying causes.
Treatment Plans
Outlines developed by healthcare professionals that specify the goals, strategies, and methods to address a patient's condition.
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