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I Help Save & Exit Subm Required information [ The following information applies to the questions displayed below. ] Sigfusson Supplies reported beginning inventory of
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The following information applies to the questions displayed below.
Sigfusson Supplies reported beginning inventory of units, for a total cost of $ The company had the following transactions during the month:
January Sold units on account at a selling price of $ per unit.
January Bought units on account at a cost of $ per unit.
January Sold units on account at a selling price of $ per unit.
January. Sold units on account at a selling price of $ per unit.
January Bought units on account at a cost of $ per unit.
January Counted inventory and determined that units were on hand.
Prepare the journal entries that would be recorded using a perpetual inventory system, including any "booktophysical" adjustment that might be needed. If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the sales revenue on account.
Note: Enter debits before credits,
tableDateGeneral Journal,Debit,CreditJanuary
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