Adjusting entries
Hahn Flooring Company uses a perpetual inventory system. Journalize the December 31 adjusting entries based upon the following:
a. The inventory account has a balance of $1,333,150, while physical inventory indicates that $1,309,900 of merchandise is on hand. Assume any shrinkage is a normal amount.
b. Sales returns of $125,000 and merchandise returns of $80,000 are estimated for the current year's sales.
Accounting Information Systems
Financial & Managerial Accounting
Corporate Financial Accounting
Cornerstones of Financial Accounting
Probability and Statistics for Engineering and the Sciences
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Principles of Economics (MindTap Course List)
Foundations of Business (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Fundamentals of Financial Management (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Principles of Microeconomics (MindTap Course List)
Essentials of Business Communication (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Financial Accounting
College Accounting, Chapters 1-27
Essentials of Economics (MindTap Course List)
Management, Loose-Leaf Version
College Accounting (Book Only): A Career Approach
Intermediate Accounting: Reporting And Analysis
Accounting Information Systems
Managerial Accounting: The Cornerstone of Business Decision-Making
Contemporary Marketing
MKTG 12:STUDENT ED.-TEXT
Financial Accounting
Financial & Managerial Accounting
College Accounting (Book Only): A Career Approach
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Accounting (Text Only)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Pkg Acc Infor Systems MS VISIO CD
Fundamentals of Financial Management (MindTap Course List)
Exploring Economics
Statistics for Business & Economics, Revised (MindTap Course List)
Corporate Financial Accounting
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Survey of Accounting (Accounting I)
Microeconomics
Economics (MindTap Course List)
Economics For Today
Cornerstones of Cost Management (Cornerstones Series)
Macroeconomics
Practical Management Science
Purchasing and Supply Chain Management
Managerial Accounting
Macroeconomics: Private and Public Choice (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)
Understanding Management (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
MACROECONOMICS FOR TODAY
Principles of Microeconomics
Micro Economics For Today