Using the data given in Exercise 26.1, prepare the general journal entry to record adjustments for inventory

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Using the data given in Exercise 26.1, prepare the general journal entry to record adjustments for inventory accounts.

Debit Credit Finished Goods Inventory Work in Process Inventory Raw Materials Inventory $ 60,000 $62,000 85,000 45,000 9

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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