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Title: The Merchandise Inventory account balance is $50,000. An physical count of inventory reveals that ... Post by: H3Ko on Aug 29, 2016 The Merchandise Inventory account balance is $50,000. An physical count of inventory reveals that actual inventory balance is $47,000. Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system.)
A) a $3,000 credit to Merchandise Inventory B) a $3,000 credit to Cost of Goods Sold C) a $50,000 debit to Cost of Goods Sold D) a $47,000 credit to Merchandise Inventory Title: Re: The Merchandise Inventory account balance is $50,000. An physical count of inventory reveals ... Post by: .unplugged. on Aug 29, 2016 Content hidden
Title: Re: The Merchandise Inventory account balance is $50,000. An physical count of inventory reveals that ... Post by: H3Ko on Oct 12, 2016 Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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