Question: Complete the inventory tasks below by using the information provided in the exhibits : In column B, quantify the required adjustment, if any, to the
Complete the inventory tasks below by using the information provided in the exhibits:
- In column B, quantify the required adjustment, if any, to the product line in the perpetual inventory system.
- Enter increases to the perpetual inventory listing as positive whole dollars.
- Enter decreases to the perpetual inventory listing as negative whole do
- If no adjustment to the perpetual inventory listing is required, enter a zero (0).
- In column C, select the justification for the required audit adjustment, or the reason why no audit adjustment is required, by selecting from the option list provided. A justification is once, more than once, or not used at all.
Assume that there is only one reason for each product line discrepancy
Choices for the Justification
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