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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Fundamental Accounting Principles

ISBN: 9780072946604

17th Edition

Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta

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Question Posted: May 30, 2024 02:02 AM

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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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Fundamental Accounting Principles

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