Journalizing perpetual inventory transactions-cost of sales given Accounting records for Josh's Shopping Bags yield the following data for the year ended May 31, 2012: 11eb8258_9515_8377_bb02_1d62703984c0_SM1625_00 Requirements 1. Journalize the inventory transactions for the company using the data given. 2. Report ending inventory on the balance sheet, and sales, cost of goods sold, and gross profit on the income statement.

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

النسخة 3الرقم المعياري الدولي: 978-0132962339

تمرين 56

Journalizing perpetual inventory transactions-cost of sales given
Accounting records for Josh's Shopping Bags yield the following data for the year ended May 31, 2012:

Requirements
1. Journalize the inventory transactions for the company using the data given.
2. Report ending inventory on the balance sheet, and sales, cost of goods sold, and gross profit on the income statement.

التوضيح

موثّق

1. This exercise requires application of...