Business, 03.04.2020 03:00 aaronr7383
The inventory account balance is $50,000. An actual count of inventory reveals that actual inventory is $43,000. Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system)A. a $7,000 credit to Merchandise InventoryB. a $50,000 debit to Cost of Goods SoldC. a $43,000 credit to Merchandise InventoryD. a $7,000 credit to Cost of Goods Sold
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The inventory account balance is $50,000. An actual count of inventory reveals that actual inventory...
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