
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
النسخة 26الرقم المعياري الدولي: 978-1337498159
Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
النسخة 26الرقم المعياري الدولي: 978-1337498159 تمرين 42
Adjusting entry for merchandise inventory shrinkage
Paragon Tire Co.'s perpetual inventory records indicate that $2,780,000 of merchandise should be on hand on March 31, 2016. The physical inventory indicates that $2,734,800 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage for Paragon Tire Co. for the year ended March 31, 2016.
Paragon Tire Co.'s perpetual inventory records indicate that $2,780,000 of merchandise should be on hand on March 31, 2016. The physical inventory indicates that $2,734,800 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage for Paragon Tire Co. for the year ended March 31, 2016.
التوضيح
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Accounting 26th Edition by Carl Warren ,Jim Reeve ,Jonathan Duchac
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