Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Ace_AZ Ace_AZ
wrote...
Go to Answer
Posts: 351
Rep: 20 0
5 years ago
The general ledger shows a balance of $66,900 in the Merchandise Inventory account at the end of the period. The physical inventory count shows inventory of $63,600. The adjusting entry includes a ________.
A) debit to Cost of Goods Sold and a credit to Merchandise Inventory for $3,300
B) debit to Cost of Goods Sold and a credit to Cash for $3,300
C) debit to Merchandise Inventory and a credit to Cost of Goods Sold for $3,300
D) debit to Merchandise Inventory and a credit to Cash for $3,300
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
Read 24 times
2 Replies
Replies
Answer verified by a subject expert
alpheratzalpheratz
wrote...
#1
Posts: 125
Rep: 45 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Ace_AZ Author
wrote...
#2
5 years ago
Marking this solved, moving on to the next...
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  832 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 3027
  
 924
  
 413
Your Opinion
How often do you eat-out per week?
Votes: 80
Previous poll results: Where do you get your textbooks?