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The following information is available for a company: Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the
The following information is available for a company: Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Complete this question by entering your answers in the tabs below. Applying a perpetual inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 45 Record merchandise purchased on account for $158,000. Note: Enter debits before credits. Journal entry worksheet 6 Record the payment of $13,000 in cash for freight charges. Note: Enter debits before credits. Journal entry worksheet 6 Record merchandise returned to supplier for credit of $15,000. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record cost of merchandise sold of $151,000. Note: Enter debits before credits. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the end-of-period adjusting entry. Ending inventory is $33,000. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 456 Record merchandise purchased on account for $158,000. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 56 Record the payment of $13,000 in cash for freight charges. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: 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. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 12234 6 Record cost of merchandise sold of $151,000. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet $33,000. Note: Enter debits before credits. The following information is available for a company: Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Complete this question by entering your answers in the tabs below. Applying a perpetual inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 45 Record merchandise purchased on account for $158,000. Note: Enter debits before credits. Journal entry worksheet 6 Record the payment of $13,000 in cash for freight charges. Note: Enter debits before credits. Journal entry worksheet 6 Record merchandise returned to supplier for credit of $15,000. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record cost of merchandise sold of $151,000. Note: Enter debits before credits. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the end-of-period adjusting entry. Ending inventory is $33,000. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 456 Record merchandise purchased on account for $158,000. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 56 Record the payment of $13,000 in cash for freight charges. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: 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. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 12234 6 Record cost of merchandise sold of $151,000. Note: Enter debits before credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet $33,000. Note: Enter debits before credits
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