29) A company uses a perpetual inventory system. At year-end the inventory account has a balance of $275,000, but a complete year-end physical inventory shows goods on hand costing $269,000. What should the company do? a) Reduce its cost of goods sold by $6,000 b) Record $6,000 current liabilities c) Reduce the balance in its inventory controlling account and inventory subsidiary ledger by $6,000 d) Reduce the balance in its inventory controlling account and record a current liability, both in the amount of $6,000