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1 Requirements Make summary journal entries to record the store's transactions for the year ended January 31, 2018. Good Buy and all of its stores
1 Requirements Make summary journal entries to record the store's transactions for the year ended January 31, 2018. Good Buy and all of its stores use a perpetual inventory system. Round average cost per unit to two decimal places and round all other amounts to the nearest dollar. Prepare a T-account to show the activity in the Inventory account. Prepare the store's income statement for the year ended January 31, 2018. Show totals for gross profit, income before tax, and net income. 1. 2. 3. Print Done
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