Question

The Allen Company is a wholesale distributor of automotive replacement parts. Use the information provided in the exhibits to determine if any adjustments are needed on Allen's inventory, accounts payable, and sales. Enter the appropriate amounts in the associated cells. Indicate negative numbers by using a leading minus (-) sign. Round all amounts to the nearest whole number. If no entry is necessary, enter a zero (0) or leave the cell blank.

Transactions	Physical inventory	Accounts payable	Sales
1-3. Charlie Company consignment
4-6. Full Company parts sale
7-9. Parts in transit on December 31, Year 5, to customers

Email re: Full Company Purchase Email re: Full Company Purchase