16 OA OB. -uppose Dave's Discount's Merchandise Inventory account showed a balance of $8,000 before the year-end adjustments. The physical count of goods on hand totaled $7,400. Dave uses a perpetual inventory system. To adjust the ccounts, which entry would the company make? SO C. Accounts and Explanation Cost of Goods Sold SOD. Merchandise Inventory Accounts and Explanation Merchandise Inventory Accounts Receivable Accounts and Explanation Merchandise Inventory Cost of Goods Sold Accounts and Explanation Accounts Payable Merchandise Inventory Debit 600 Debit 600 Debit 600 Debit 600 Credit 600 Credit 600 Credit 600 Credit Question 6 of 14 600 This test: 54 point(s) possible This question: 3 point(s) possible Submit test Time Remaining: 01:26:22 Next

18 Custtlen 6 of 14 mis tuat 54 pointli porsile Submittes: coounts, which entry wovio to company male? A. \begin{tabular}{|c|c|c|} \hline Accounts and Explanation & Desin & Credat \\ \hline Cost of & & \\ \hline neritory & & 605 \\ \hline \end{tabular} B. \begin{tabular}{|c|c|c|} \hline Actesunts mo Expienation & Deble & Crean \\ \hline Wentandse & 600 & \\ \hline Decelentia & & 600 \\ \hline \end{tabular} c. \begin{tabular}{|c|c|c|} \hline Accounts and Explanation & Debit. & Creat \\ \hline Merderifue invertion & 600 & \\ \hline Cost af Cosdiscis & & \\ \hline Accounts and Esplangtipn & Detit & Cinail \\ \hline & 6 & on \\ \hline \end{tabular}