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An incomplete subsidiary ledger of makenals inventory for May is as follaws. Reguired: a Complele...

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An incomplete subsidiary ledger of makenals inventory for May is as follaws. Reguired: a Complele we makeiab is varices ard balances for the materats subsidary fedacr under firo. b. Defertine the moderias inventery bslance af the evd of Aay joumals wat autometicoly inderit a credt entry when a credi amouml is entered 19 Explan how the miterists ledger mignt be used as an aut in mantaining mventory quanves on hand 12 C. Joumalze the auminaty entry oo May 31 to trantfer malerials to work in procoss. Reler to the chart of accounts for the exact wording of ihe aceount bles CNOW joumals do nor use tines f a d Explain how the mathials iedger might be used as an aid mendaning inveitory quabities on hand Coerparing is seported in the makrials ledger wh pcodelemined order points enables managentent to ordet materiaks before ide fime

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