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9. Audio Outfitter Inc., which uses a perpetual inventory system, experienced a normal inventory shrinkage of $13,675. What accounts would be debited and credited to
9. Audio Outfitter Inc., which uses a perpetual inventory system, experienced a normal
inventory shrinkage of $13,675. 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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Connect For Financial Accounting Fundamentals
Authors: Author
8th Edition
126411169X, 9781264111695
