Delmar Industries uses the perpetual inventory method in accounting for inventory. Prepare the necessary adjusting entry for each of the following independent cases using the cost of goods sold account.

If an amount box does not require an entry, leave it blank.

Case 1Physical count as of April 30$43,100Perpetual inventory records as of April 3041,800

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If an amount box does not require an entry, leave it blank.

Case 2Physical count as of April 30$37,800Perpetual inventory records as of April 3038,300

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