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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 11
Determining the adjustments for inventory.
The beginning inventory of a merchandising business was $121,000, and the ending inventory is $102,519. What entries are needed at the end of the fiscal period to adjust Merchandise Inventory?
The beginning inventory of a merchandising business was $121,000, and the ending inventory is $102,519. What entries are needed at the end of the fiscal period to adjust Merchandise Inventory?
Explanation
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At the end of the accounting year the Me...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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