Dashboard CengageNOWV2| Onlin X ps://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Delmar Industries uses the perpetual inventory method in accounting for inventory. Prepare the necessary adjusting entry for each of the following independent cases using the cost of goods sold accoun If an amount box does not require an entry, leave it blank. Case 1 Physical count as of April 30 $43,100 Perpetual inventory records as of April 30 41,800 Page: 1 POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 Apг. 30 If an amount box does not require an entry, leave it blank. Case 2 Physical count as of April 30 $37,800 Perpetual inventory records as of April 30 38,300 Page: 1 POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 Apr. 30 2. 1, 2. 2.
Dashboard CengageNOWV2| Onlin X ps://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator Delmar Industries uses the perpetual inventory method in accounting for inventory. Prepare the necessary adjusting entry for each of the following independent cases using the cost of goods sold accoun If an amount box does not require an entry, leave it blank. Case 1 Physical count as of April 30 $43,100 Perpetual inventory records as of April 30 41,800 Page: 1 POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 Apг. 30 If an amount box does not require an entry, leave it blank. Case 2 Physical count as of April 30 $37,800 Perpetual inventory records as of April 30 38,300 Page: 1 POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 Apr. 30 2. 1, 2. 2.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Dashboard
CengageNOWV2| Onlin X
ps://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
Calculator
Delmar Industries uses the perpetual inventory method in accounting for inventory. Prepare the necessary adjusting entry for each of the following independent cases using the cost of goods sold accoun
If an amount box does not require an entry, leave it blank.
Case 1
Physical count as of April 30
$43,100
Perpetual inventory records as of April 30
41,800
Page: 1
POST.
DATE
DESCRIPTION
DEBIT
CREDIT
REF.
1 Apг. 30
If an amount box does not require an entry, leave it blank.
Case 2
Physical count as of April 30
$37,800
Perpetual inventory records as of April 30
38,300
Page: 1
POST.
DATE
DESCRIPTION
DEBIT
CREDIT
REF.
1 Apr. 30
2.
1,
2.
2.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3ea77ba6-f18f-41c5-8b10-e8a0c62f89b1%2F67bacc62-1eea-46bc-acb2-376463cdca17%2Fusizuky.jpeg&w=3840&q=75)
Transcribed Image Text:Dashboard
CengageNOWV2| Onlin X
ps://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
Calculator
Delmar Industries uses the perpetual inventory method in accounting for inventory. Prepare the necessary adjusting entry for each of the following independent cases using the cost of goods sold accoun
If an amount box does not require an entry, leave it blank.
Case 1
Physical count as of April 30
$43,100
Perpetual inventory records as of April 30
41,800
Page: 1
POST.
DATE
DESCRIPTION
DEBIT
CREDIT
REF.
1 Apг. 30
If an amount box does not require an entry, leave it blank.
Case 2
Physical count as of April 30
$37,800
Perpetual inventory records as of April 30
38,300
Page: 1
POST.
DATE
DESCRIPTION
DEBIT
CREDIT
REF.
1 Apr. 30
2.
1,
2.
2.
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