Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Accounting Posted 19 Aug 2017 My Price 3.00

Paragon Tire Co

Adjusting entry for merchandise inventory shrinkage

Paragon Tire Co.’s perpetual inventory records indicate that $2,780,000 of merchandise should be on hand on March 31, 2016. The physical inventory indicates that $2,734,800

of  merchandise is  actually on  hand. Journalize the  adjusting entry for  the     inventory

shrinkage for  Paragon Tire Co.  for  the  year ended March 31,   2016.

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Maurice Tutor
(5)
Status NEW Posted 19 Aug 2017 08:08 PM My Price 3.00

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