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Al December 31, 2020, a merchandising company's year end, the accounting records show a balance of 585.000 in the Inventory account Suppose a physical count

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Al December 31, 2020, a merchandising company's year end, the accounting records show a balance of 585.000 in the Inventory account Suppose a physical count of the goods in the warehouse thows Inventory diri and on 596,000 What journal entry would bring the Inventory account to its correct balance? Complete the journal entry below. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Date Accounts Debit Credit Dec 31

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