Presented is information related to Rogers Co. for the month of January 2008. Instructions (a) Prepare the

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Presented is information related to Rogers Co. for the month of January 2008.

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Instructions

(a) Prepare the necessary adjusting entry for inventory.

(b) Prepare the necessary closing entries.

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Accounting Principles

ISBN: 9780471980193

8th Edition

Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel

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Question Posted: May 10, 2024 02:01 PM

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Presented is information related to Rogers Co. for the month of January 2008. Instructions (a) Prepare the

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Ending inventory per perpetual records Ending inventory actually on hand Salary expense $ 61,000 $ 21,600 Sales discounts 10,000 21,000 Sales Sales returns and allowances 13,000 350,000 Cost of goods sold 218,000 Freight-out 7,000 Insurance expense 12,000 Rent expense 20,000

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Accounting Principles

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