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zepelin [54]
3 years ago
15

At year-end, the perpetual inventory records of Whispering Winds Corp. showed merchandise inventory of $112,410. The company det

ermined, however, that its actual inventory on hand was $110,490. Record the necessary adjusting entry.
Business
1 answer:
Fittoniya [83]3 years ago
8 0

Answer:

Explanation:

Given that

Merchandised inventory = $112,410

Actual inventory = $110,490

So, the amount of the inventory would be adjusted is

= $112,410 - $110,490

= $1,920

So, the adjusted journal entry is

Cost of Goods Sold A/c Dr $1,920

        To Merchandise inventory A/c $1,920

(Being the inventory amount is adjusted)

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The work breakdown structure must be the basis for a project cost estimate if you plan to create a cost baseline and use earned value management as part of monitoring and controlling costs.

Work can be made more manageable and approachable by using a common productivity strategy called task breaking. The Work Breakdown Structure (WBS), one of the most significant projects management papers, is the tool that applies this technique to projects. It does it on its own, integrating scope, cost, and schedule baselines to guarantee project plans are in sync.

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3 0
1 year ago
An asset has an average historical rate of return of 10.1 percent and a variance of 0.0116751. What is the upper percentage rang
pochemuha

Answer:

20.91%

Explanation:

Provided information

Average historical rate of return = 10.1 %

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By considering the above information, the standard deviation would be

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So the upper percentage range of return would be

= Standard deviation + standard deviation

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Since we have to find out the upper percentage so we added it otherwise we have to deduct it

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3 years ago
On average ___________ percent of all laptops stolen in the us are from public schools.
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33% 
I hope this helped.
~IndexFinger :)

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To meet projected annual sales, Bluegill Manufacturers, Inc. needs to produce 75,000 machines for the year. The estimated Januar
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3 years ago
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