Inventory Journal Entries - Perpetual Method

This assignment will provide you with practice preparing journal entries to record inventory-related transactions when the company uses the perpetual inventory method. For practice preparing journal entries when the company uses the periodic inventory method, please see the appropriate section.

Relevant Excel Functions

This assignment will require you to be able to use some or all of the following Excel functions. Click on the hyperlinked section number next to the relevant Excel skill to be directed to a page showing how to perform the assigned task in Excel:

• Drop-Down Lists (1.10)