Question: a) Prepare journal entries for each transactions and the adjusting entries.
b) Prepare double -declining-balance schedule using 20% rate for depreciate the car.
c) Prepare a bank reconciliation as of December 31, 2017.
d) Compute ending inventory and cost of goods sold using moving- average cost, assuming the Company uses the perpetual inventory system.
Information related to above question is enclosed below:
Attachment:- case102.rar