Question: PLEASE DO IT FAST Presented below is information related to Bramble Enterprises. ( a ) From the information, prepare ( as far as the data
PLEASE DO IT FAST
Presented below is information related to Bramble Enterprises.
a
From the information, prepare as far as the data permit monthly income statements in columnar form for February, March, and
April. The inventory is to be shown in the statement at cost; the loss due to market fluctuations is to be shown separately. Enter
negative amounts using either a negative sign preceding the number eg or parentheses eg
Prepare the journal entry required at January using the loss method and entries to adjust it monthly thereafter. List all debit
entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is
required, select No entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.
Date
Account Titles and Explanation
Debit
Credit
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