At its June 30 year end, the inventory records of Pajewski Company showed merchandise inventory of $89,000.

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At its June 30 year end, the inventory records of Pajewski Company showed merchandise inventory of $89,000. Through a physical count, the company determined that its actual inventory on hand was $86,500. Record the necessary adjusting entry.

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Accounting Principles Part 1

ISBN: 978-1118306789

6th Canadian edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 15, 2017 11:13 AM

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At its June 30 year end, the inventory records of Pajewski Company showed merchandise inventory of $89,000.

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Accounting Principles Part 1

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