(Solution) - Cleopatra Inc which uses the perpetual inventory method rece -(2025 Original AI-Free Solution)

Paper Details

Cleopatra, Inc., which uses the perpetual inventory method, recently had an agency count its inventory of frozen burritos. The agency left the following inventory sheet:

Complete the inventory calculations for Cleopatra (items a?d) and provide the journal entry necessary to adjust ending inventory, if necessary. The balance in Inventory before the physical count was$321.10.