expand icon
book Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello cover

Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

النسخة 16الرقم المعياري الدولي: 978-0077862381
book Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello cover

Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

النسخة 16الرقم المعياري الدولي: 978-0077862381
تمرين 32
Taking a Physical Inventory
Frisbee Hardware uses a perpetual inventory system.t year-end, the Inventory account has a balance of $250,000, but a physical count shows that the merchandise on hand has a cost of only $246,000.
a.xplain the probable reason(s) for this discrepancy.
b.repare the journal entry required in this situation.
c.ndicate all the accounting records to which your journal entry in part b should be posted.
التوضيح
موثّق
like image
like image

A. Over time normal inventory shrinkage ...

close menu
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
cross icon