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Applying both a perpetual and a periodic inventory system

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Reference no: EM131000775

The following information is available for the Johnson Corporation for 2011:

1062_254-B-A-V-I (696).png

Required:

Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated.

Reference no: EM131000775

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