Audio Outfitter Inc., which uses a perpetual inventory system, experienced a normal inventory shrinkage of $13,675. What

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Audio Outfitter Inc., which uses a perpetual inventory system, experienced a normal inventory shrinkage of

$13,675. What accounts would be debited and credited to record the adjustment for the inventory shrinkage at the end of the accounting period?

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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