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- Record each transaction, assuming that Kangaroo Jim Company uses a perlodic Inventory system. (If no entry is required for transaction/event, select No Journal Entry
- Record each transaction, assuming that Kangaroo Jim Company uses a perlodic Inventory system. (If no entry is required for transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. . Record each transaction, assuming that Kangaroo Jim Company uses a perlodic Inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet \begin{tabular}{llllll} \hline & 1 & 2 & 3 & 4 & 5 \end{tabular} Record the end of period adjustment, if needed, to determine the amount of cost of goods sold. Note: Enter debits before credits. - Record each transaction, assumIng that Kangaroo Jim Company uses a perlodic Inventory system. (If no entry I transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 456 Record the cost of goods sold, if needed, for the sale of 240 units at $40 on account. Note: Enter debits before credits. Required information [The following Information applles to the questions displayed below.] Kangaroo Jim Company reported beginning Inventory of 320 units at a per unit cost of $20. It had the following purchase and sales transactlons during the year: January 14 Sold 249 units at unit sales price of $49 on account. April 9 Purchased 239 additional units at a per unit cost of $26 on account. September 2 Sold 259 units at a sales price of $45 on account. December 31 Counted inventory and determined 69 units were still on hand. January 14 Sold 249 units at unit sales price of $49 on account. April 9 Purchased 236 additional units at a per unit cost of $2 on account. September 2 Sold 250 units at a sales price of $45 on account. December 31 Counted inventory and determined 69 units were still on hand. Required: . Record each transaction, assuming that Kangaroo Jim Company uses a perlodic Inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet
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