Given the following, journalize the adjusting entry for Merchandise Inventory. Note that physical count of inventory showed
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Given the following, journalize the adjusting entry for Merchandise Inventory. Note that physical count of inventory showed a balance of $59,500.
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Merchandise Inventory 114 Cost of Goods Sold 513 60,000
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Related Book For
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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