Question
prepare the following journal entries: 1/31 supplies on hand total $50,000 1/31 An inventory count by employees indicated that inventory shrinkage needed to be recorded.
prepare the following journal entries:
1/31 supplies on hand total $50,000
1/31 An inventory count by employees indicated that inventory shrinkage needed to be recorded. $248,000
1/31 Sold an investment in stock that had cost the company $24,630 for $33,000 cash.
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Cost Accounting A Managerial Emphasis
Authors: Madhav, Charles, Srikant
15th Edition
933254221X, 978-9332542211
