|
Title: A company's ledger shows an Inventory balance of $20,000 and a physical count of the inventory ... Post by: gOOvER on Sep 19, 2017 A company's ledger shows an Inventory balance of $20,000 and a physical count of the inventory shows $19,000. Which of the following entries is needed to record the shrinkage?
A) Cost of goods sold 1,000 Shrinkage expense 1,000 B) Inventory 1,000 Cost of goods sold 1,000 C) Cost of goods sold 1,000 Inventory 1,000 D) Cash 1,000 Inventory 1,000 Title: Re: A company's ledger shows an Inventory balance of $20,000 and a physical count of the inventory ... Post by: raovatallpy on Sep 19, 2017 Content hidden
Title: Re: A company's ledger shows an Inventory balance of $20,000 and a physical count of the inventory ... Post by: gOOvER on Aug 6, 2018 Best answer
|