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Co. has determined that under the perpetual method, Merchandise Inventory has a $ 30 comma 000 balance at the end of the month. Jones also
Co. has determined that under the perpetual method, Merchandise Inventory has a $ 30 comma 000 balance at the end of the month. Jones also stated that the amount of unearned legal fees has been reduced by $ 4 comma 000. Please update the following accounts to reflect the adjustment data for Merchandise Inventory and Unearned Legal Fees. View the T accounts.LOADING... Question content area bottom Part 1 Merchandise Inventory 121 Unearned Legal Fees 310 65,000 8,000 Earned Legal Fees 410 Cost of Goods Sold 510 CalculatorAsk my instructor pop-up content starts T Accounts Merchandise Inventory 121 65,000 Unearned Legal Fees 310 8,000 Earned Legal Fees 410 Cost of Goods Sold 501
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