Baltic Supplies Provides the Worksheet Shown Below at the End

question 63

Essay

Baltic Supplies provides the worksheet shown below at the end of the year.
A count of the physical inventory at year end shows that there is actually $11,000 of inventory left.Assuming this is the only adjusting entry needed at year-end,please post the inventory adjustment to the worksheet and update the adjusted trial balance.Then complete the worksheet.

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Definitions:

Foster Children

Minors who have been placed under the care of a state-certified caregiver, due to their original family's inability to provide adequate care.

Psychological Disorders

Refers to a range of mental, behavioral, and emotional disorders that interfere significantly with an individual's ability to function in daily life.

Workforce

The collective group of individuals engaged in work or available for work, including both the employed and the unemployed.

Immigrants

Individuals who move from one country to another with the intention of settling or residing there, often in search of a better life, employment, or safety.