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solve and please explain how you did. The beginning inventory of Norcal Wholesalers was $129,000. and the ending inventory is $1009719. What entries are needed

image text in transcribedimage text in transcribedsolve and please explain how you did.

The beginning inventory of Norcal Wholesalers was $129,000. and the ending inventory is $1009719. What entries are needed at the end of the fiscal period to edjust Merchendise Inventory? Viw transaction list Journal entry worksheet 1 2 Record the adiustment for beginning inventory Nute: Enter debits before oreats Da General Journ Debit Credit Dec 31, 2019 Record entry Clear entry View general jounal The beginning inventory of Norcal Wholesalers was $129.000, and the ending inventory is $109719 What entries are needed at the end of the fiscal period to adjust Merchendise Inventory? View transaction list Journal entry worksheet Record the adjustment for ending inventory Note: Enter debs before credits ences Date General Jourmal Debit Credit Dec 31, 201 Record entry Clear entry View general journal

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