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At year end , the perpetual inventory records of Gutierrez company showed merchandise inventory of 100,000. The company determined , however , that it's actual
At year end , the perpetual inventory records of Gutierrez company showed merchandise inventory of 100,000. The company determined , however , that it's actual inventory in hand was 98,400
Record the necessary adjusting entry ( Credit account titles are automatically indented when amount is entered. Do not indent manually )
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