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At the beginning of the year, Snaplt had $10,600 of inventory. During the year, Snaplt purchased $36,200 of merchandise and sold $30,900 of merchandise. A
At the beginning of the year, Snaplt had $10,600 of inventory. During the year, Snaplt purchased $36,200 of merchandise and sold $30,900 of merchandise. A physical count of inventory at year-end shows $11,600 of inventory exists. Prepare the entry to record inventory shrinkage. 
At the beginning of the year, Snaplt had $10,600 of inventory. During the year, Snaplt purchased $36,200 of merchandise and sold $30,900 of merchandise. A physical count of inventory at year-end shows $11,600 of inventory exists. Prepare the entry to record inventory shrinkage
At the beginning of the year, Snaplt had $10,600 of inventory. During the year, Snaplt purchased $36,200 of merchandise and sold $30,900 of merchandise. A physical count of inventory at year-end shows $11,600 of inventory exists. Prepare the entry to record inventory shrinkage.
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Cost Estimating
Authors: Rodney D. Stewart
2nd Edition
0471857076, 978-0471857075
