Question
Prepare a General Journal Entry for the following balance day adjustments for the Year ended 30 June 2018, including any necessary reversing entries in the
Prepare a General Journal Entry for the following balance day adjustments for the Year ended 30 June 2018, including any necessary reversing entries in the following year.
1. The balance of the inventory general ledger account as at 30 June, 2018 was $37,995. The balance as per stocktake completed on the 30 June 2018 was $36,795. The company uses a perpetual inventory system.
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New Perspectives In Accounting Ethics
Authors: Emerald Group Publishing Limited
23rd Edition
1785608673, 9781785608674
