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do meducation.com/ext/map/index.html?_con-con&external browser Blaunchurl=https%253A252F%252Fims.meducation.com%252Fmghmiddleware252Fmheproducts 252 M Gmail O YouTube Maps 60 News translate com Help Save & Exit Sube The trial balance of Premier Lighting

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do meducation.com/ext/map/index.html?_con-con&external browser Blaunchurl=https%253A252F%252Fims.meducation.com%252Fmghmiddleware252Fmheproducts 252 M Gmail O YouTube Maps 60 News translate com Help Save & Exit Sube The trial balance of Premier Lighting Co. shows Inventory of $35,000. The company uses the periodic inventory system. Based on a count taken on December 31, merchandise inventory at the end of the year actually totaled $28,000. The adjusting entry to remove the old merchandise Inventory balance would be: Multiple Choice 43 a debit to Income Summary of $28.000 and a credit to Merchandise Inventory for $28.000 a debit to Income Summary of $35.000 and a credit to Merchandise Inventory for $35,000 O a debit to Purchases of $35,000 and a credit to Merchandise inventory for $35.000 a debit to Merchandise Inventory of $28.000 and a credit to Income Summary for $28.000 Prev Next > 5 of 19

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