Exercise 8-4 (Algo) Perpetual and periodic inventory systems compared [LO8-1] The following information is avallable for the Johnson Corporation: Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Complete this question by entering your answers in the tabs below. Applying a perpetual inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. (If no entry is required for a transaction/event, select "No journal entry required" in the first Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summariz these balances, Include all end-of-period adjusting entries indicated. Complete this question by entering your answers in the tabs below. Applying a perpetual inventory system, prepare the journal entries that summarize the transactions that cre all end-of-period adjusting entries indicated. (If no entry is required for a transaction/event, select "No jour Journal entry worksheet 56 Record merchandise purchased on account for $158,000. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Applying a perpetual inventory system, prepare the journal entries that summarize the transactions that creat all end-of-period adjusting entries indicated. (If no entry is required for a transaction/event, select "No journal account field.) Journal entry worksheet 6 Record the payment of $13,000 in cash for freight charges. Note: Enter debits before credits. Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the tran: these balances. Include all end-of-period adjusting entries indicated. Complete this question by entering your answers in the tabs below. Applying a perpetual inventory system, prepare the journal entries that summarize the transactlons that created the all end-of-period adjusting entries indicated. (If no entry is required for a transaction/event, select "No journal entry account field.) Journal entry worksheet 56 Record merchandise returned to supplier for credit of $15,000. Note: Enter debits before credits. Required: Applying both a perpetual and a periodic imventory system, prepare the jourmal entries that surmimerize the tran shese balances, thclude at end-of-geriod aclusting entries indicated Complete this question by entering your anwwers in the tabs below. Applying a perpetual inventsy syshem; prepare the yournul entries that summartie the trancactions that created the Journal entry worksheet 1,2,3. Whic: Irtay detata tefire oreany. Required. Applying both a perpetual and a perlodic ituventocy system, prepare the journal entries that summarize the tran these bolsnces, include all end-of period adjusting entries indicated. Complete this question by entering your answers in the tabs below. Apolying a perpetual invencory system, grepare the jeurnal entries that summariae the transations that eraterd th ail eld-el-period adfusting entries indicated. 4f no entry is fequeed for a transaction/event, select ")o jocatal erting account Arid.l] Journal entry worksheet 421434 Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transaction these bilances. Include ati end-of-period adjusting entrles indicated. Complete this question by entering your answers in the tabs below. Applying a perpecual inventory system, prepare the joumal entries that summarize the transactions that created these baiar all end-of-period adjusting entries indicated. (If rio entiy is requined for a transactionyevent, select " No journal entry require accownt fielo, ) Journal entry worksheet ( 1.2, 3 4 5 Record the end-of-period adjusting entry. Ending inventory is $33,000. Wite Enber aribilu before urest. Required: Applying boen a perpetual and a periodic inventary systees, prepare the joumat entries that summarize these belances: include all end-of-period adjusting ent/es indicased. Complete this question by entering your answers in the tabs below. Appiying a periosic invercory system, peopere the jeurat eseres mar summarta the trancictons that crea al end-efiperiod adjubing entries indicated. if no ertiry is repuirnd for a transactionlevent, seiect "No jour acosurh fieid.) Journal entry worksheet 23455 Alecord merchandise purchaned on accopnt for 5158,000. Avequend: Journal entry worksheet &1 Prequired: Applying boeh a perpetyal and a periodic icwentory syshen. propere the jeurnal eneries that sumimarie the tran these balunces inctude all end-of-period adfusting eeties indicated Complete this question by entering veve answers in the tats befiow. Journal entry worksheet Agubied. thele balynces incude as end ol period affuning enbues indicabed Cemplete tiv quention by enterins yeur antwers in the tabs beiedf. Journal entry worksheet +2 s 4 s 4 Fevers saien an rocourt if 1253,090. Regivired. Complete this guenties by entering peur antwery la the tabe beiser. Journal entry worksheet Recirl eng at mentavise sold of 1151. 996 : Rechulect: Applying toth a perpetual and a periodic inventory system, prepare the joumal enteles that summarize the traf these baloncet. inclade al end-of.peciod actusting entries indicated. Complete this question by entering your anwwers in the tabs below. Aspyie a penodic inventory syitemy prepare the journa entries that summarite the transactions that created thes Af end-of-period adjusting entries indicated. (if no entry is required for a tronsacticr/event, select "Wo journal entr) meount fiald. Journal entry worksheet 12242 Rhecord the end-of-periad adjusting entry. Inding inventory is 133,000
