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Requirement 3 : Prepare the necessary correcting journal entry to adjust the Work in Process and Finished Goods inventories to the correct balances as of
Requirement 3 : Prepare the necessary correcting journal entry to adjust the Work in Process and Finished Goods inventories to the correct balances as of December 31 . Work in Process Finished Goods Total Cost that should be assigned to inventories ( above ) Year - end balances in the accounts Difference General Journal Debit Credit
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
