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BE5.4 (LO 2) From the information in BE5.3, prepare the journal entries to record these transactions on Edgebrook Company's books under a perpetual inventory system.

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BE5.4 (LO 2) From the information in BE5.3, prepare the journal entries to record these transactions on Edgebrook Company's books under a perpetual inventory system. BE5.5 (LO 4) At year-end, the perpetual inventory records of Federer Sports showed merchandise inventory of CHF98,000. The company determined, however, that its actual inventory on hand was CHF96,100. Record the necessary adjusting entry

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