Question
No. Account Titles and Explanation Debit Credit Question 3 Werth Company asks you to review its December 31, 2012, inventory values and prepare the necessary adjustments to the books. The following information is given to you. Determine the proper inventory balance for Werth Company at December 31, 2012. Prepare any correcting entries to adjust inventory to its proper amount at December 31, 2012. Assume the books have not been closed. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Explanation / Answer