Record the adjusting entries assuming that the company uses

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What are the Adjusting Entries for the following?


A company uses a calendar year. The following figures are available:


Inventory, January 1 : $405,000 (by physical count)


Inventory, December 31: $411,000 (by physical count)







In journal form, record the adjusting entries.


Record the adjusting entries, assuming that the company uses the


periodic inventory system.  



THERE ARE 4 SEPARATE ANSWERS



DESCRIPTION DEBIT CREDIT
1



2








3



4




Reference no: EM13482347

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