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The following information is available for the Johnson Corporation: Required: Applying both a perpetual and a periodic inventory system, prepare the joumal entries that summarize
The following information is available for the Johnson Corporation: Required: Applying both a perpetual and a periodic inventory system, prepare the joumal entries that summarize the transactions that created these balances include oll end-of-period adjusting entries indicated. Complete this question by entering your answers in the tabs below. Applying a periodic inventory system, prepsre the journal entries that summarize the trassactions that created these balances. Include all end-ol-period adjustine entries indicated. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Complete this question by entering your answers in the tabs below. Applying a periodic inventory system, prepare the joumal entries that summarize the transactions that created these balances. Include all end-of-penod adjusting entries indicated. (If no entry is required for a transaction/event, select "No foumal entry required" in the first account field.) Journal entry worksheet 23456 Record merchandise purchased on account for $155,000. Note Riter oebirs before budits. 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. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet 56 Record the payment of $10,000 in cash for freight charges. Note: Enter debiss before credits. Applying a periodic inventory system, prepare the joumal entries that summarize the transactions that created these baiances, Include all end-of-period adjusting entries indicated. (If no entry is required for a transacton/event, select "No joumal entry required" in the first account field.) Journal entry worksheet Notel Inter oetels betore credits. Applying a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include alf end-of-period adjusting entries indicated. (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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