Maurice Tutor

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    Argosy University/ Phoniex University/
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    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 3.00

Hahn Flooring Company'

Inventory shrinkage

Hahn Flooring Company's perpetual inventory records indicate that $1,333,150 of merchandise should be on hand on December 31, 2014. The physical inventory indicates that $1,309,900 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage for Hahn Flooring Company for the year ended December 31, 2014. Assume that the inventory shrinkage is a normal amount.

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Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 10:09 PM My Price 3.00

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