question archive Home Hardware reported beginning inventory of 20 shovels, for a total cost of $100
Home Hardware reported beginning inventory of 20 shovels, for a total cost of $100
Subject:AccountingPrice: Bought3
Home Hardware reported beginning inventory of 20 shovels, for a total cost of $100. The company had the following transactions during the month:
Counted inventory and determined that 10 units were on hand.
Question :
Record a journal entry that adjusts the accounting records to show that 10 units of inventory actually are still on hand (and should be recorded in the Inventory account) at the end of the period.
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Home Hardware reported beginning inventory of 20 shovels, for a total cost of $100. The company had the following transactions during the month: |
