When a merchandiser uses a perpetual inventory system, why is it sometimes necessary to adjust the Merchandise

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When a merchandiser uses a perpetual inventory system, why is it sometimes necessary to adjust the Merchandise Inventory balance with an adjusting entry?

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Financial Accounting Information For Decisions

ISBN: 9780073043753

4th Edition

Authors: John J. Wild

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Question Posted: Jul 19, 2024 10:02 PM

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When a merchandiser uses a perpetual inventory system, why is it sometimes necessary to adjust the Merchandise Inventory balance with an adjusting entry?
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When a merchandiser uses a perpetual inventory system, why is it sometimes necessary to adjust the Merchandise

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Financial Accounting Information For Decisions

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