Baltic Supplies provides the worksheet shown below at the end of the year.
A count of the physical inventory at year end shows that there is actually $11,000 of inventory left. Assuming this is the only adjusting entry needed at year-end, please post the inventory adjustment to the worksheet and update the adjusted trial balance. Then complete the worksheet.

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The Answer of Baltic Supplies provides the worksheet shown below at the end of the year.
A count of the physical inventory at year end shows that there is actually $11,000 of inventory left. Assuming this is the only adjusting entry needed at year-end, please post the inventory adjustment to the worksheet and update the adjusted trial balance. Then complete the worksheet.

Baltic Supplies Provides the Worksheet Shown Below at the End