=+14. Business Outfitters Inc., which uses a perpetual inventory system, experienced a normal inventory shrinkage of $9,175.

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=+14. Business Outfitters Inc., which uses a perpetual inventory system, experienced a normal inventory shrinkage of $9,175. 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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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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