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    Financial Accounting IFRS Study Set 3
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    Exam 5: Accounting for Merchandising Operations
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    When the Physical Count of RNA Company Inventory Had a Cost
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When the Physical Count of RNA Company Inventory Had a Cost

Question 91

Question 91

Multiple Choice

When the physical count of RNA Company inventory had a cost of $3,400 at year end and the unadjusted balance in Merchandise Inventory was $3,500, RNA will have to make the following entry:


A) When the physical count of RNA Company inventory had a cost of $3,400 at year end and the unadjusted balance in Merchandise Inventory was $3,500, RNA will have to make the following entry:  A)    B)    C)    D)
B) When the physical count of RNA Company inventory had a cost of $3,400 at year end and the unadjusted balance in Merchandise Inventory was $3,500, RNA will have to make the following entry:  A)    B)    C)    D)
C) When the physical count of RNA Company inventory had a cost of $3,400 at year end and the unadjusted balance in Merchandise Inventory was $3,500, RNA will have to make the following entry:  A)    B)    C)    D)
D) When the physical count of RNA Company inventory had a cost of $3,400 at year end and the unadjusted balance in Merchandise Inventory was $3,500, RNA will have to make the following entry:  A)    B)    C)    D)

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