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Business, 30.05.2021 20:40 barbie1salome

The Merchandise Inventory account has a balance of $1,500. At the end of the month, a physical count of the inventory items shows $700 is on hand. The adjusting entry to Merchandise Inventory recorded on a multicolumn trial balance worksheet is:

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The Merchandise Inventory account has a balance of $1,500. At the end of the month, a physical count...
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