Accounting for Merchandising Operations

Presented below is information related to Hoerl Co. for the month of January 2020.

Instructions

  1. Prepare the necessary adjusting entry for inventory.
  2. Prepare the necessary closing entries.

Solution

a.
Hoerl Co.
Adjusting Journal Entries
 
b.
Hoerl Co.
Closing Journal Entries
 
Are you need any help? Contact Us now.

Latest Articles

« »