KnK Auto parts sells new parts to auto dealers. As part of the policy, the company requires that a prenumbered shipping document be issued for each sale. At the time of pickup or shipment, the shipping clerk writes the date on the shipping document. The last shipment made in the year ended December 31, 2022, was recorded on document 3167. Shipments are billed in the order that the billing clerk receives the shipping documents. For late December 2022 and early January 2023, shipping documents are billed on sales invoices as follows: + Shipping Document No Sales Invoice No 3163 5332 3164 3165 3166 3167 3168 3169 3170 3171 3172 5326 5327 5330 5331 5328 5329 5333 5335 5334

KnK Auto parts sells new parts to auto dealers. As part of the policy, the company requires that a prenumbered shipping document be issued for each sale. At the time of pickup or shipment, the shipping clerk writes the date on the shipping document. The last shipment made in the year ended December 31, 2022, was recorded on document 3167. Shipments are billed in the order that the billing clerk receives the shipping documents. For late December 2022 and early January 2023, shipping documents are billed on sales invoices as follows: + Shipping Document No Sales Invoice No 3163 5332 3164 3165 3166 3167 3168 3169 3170 3171 3172 5326 5327 5330 5331 5328 5329 5333 5335 5334

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter14: Adjustments For A Merchandising Business

Section: Chapter Questions

Problem 9SEB: JOURNAL ENTRIES UNDER THE PERPETUAL INVENTORY SYSTEM Sunita Computer Supplies entered into the...

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