The Following Is a Random List of the Accounts and Their

question 13

Essay

The following is a random list of the accounts and their balances for Gordon Auto Sales (a proprietorship owned by A. Gordon) on December 31, 2014. The company uses a perpetual inventory system. A physical count of inventory on December 31, 2014 reveals $671,575 on hand.
Instructions
a. Prepare the entry to adjust inventory.
b. Prepare the closing entries on December 31, 2014.
c. Prepare the post-closing trial balance.

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Definitions:

Sociological Perspective

A viewpoint in sociology that involves looking at social phenomena and understanding human behavior in the context of the societal forces that influence it.

American Sociologist

A sociologist from the United States who studies the structure and development of American society or contributes to sociological theories and research.

Peter Berger

Peter Berger was a prominent Austrian-American sociologist renowned for his work in the sociology of knowledge, religion, and his contributions to sociological theory, notably in his book "The Social Construction of Reality."

Revolutions

Dramatic and wide-reaching changes in the way something is perceived, conducted, or structured, often referring to political, technological, or social upheavals.