child-906-20071-409 05 decided - 6 Assignment Question 2 of 6 1.7212 View Policies Show Attempt History Current Attempt in Progress You are given the following information for Pharoah Company for the month ended November 30, 2021 Unit Price $49 44 Date Description No. 1 Beginning inventory 9 Purchase 15 Sale 22 Purchase 29 Sale 30 Purchase Units 63 100 (115) 145 (170) 42 43 42 Pharoah Company uses a perpetual inventory system All sales and purchases are on account. E 8. E R F . signment Question 2 of 6 1.7212 Your answer is partially correct. Assume that at the end of November, the company counted its inventory. There are 62 units on hand What journals should the company make to record the shortage? (Credit accounts are automatically indeed when the amount not indent manually. If no entry is required, select "No Entry for the accounts and enter for the amounts Account Titles and Explanation Cost of Goods Sold Debit Merchandise Inventory (To record cost of goods sold) e Textbook and Media List of Accounts # 8 E R K Question 2 of 6