Business, 17.04.2020 04:33 madisonnnn68

Additional Information: Store supplies still available at fiscal year-end amount to $2,100. Expired insurance, an administrative expense, for the fiscal year is $1,700. Depreciation expense on store equipment, a selling expense, is $1,650 for the fiscal year. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,100 of inventory is still available at fiscal year-end. Problem 4-5A Part 1, 2 and 3 Required: 1. Using the above information prepare adjusting journal entries: 2. Prepare a multiple-step income statement for fiscal year 2018. 3. Prepare a single-step income statement for fiscal year 2018.

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Additional Information: Store supplies still available at fiscal year-end amount to $2,100. Expired...

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