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Given Merchandise Inventory of $1,900 and a physical count of inventory that reflected a balance of $1,850, what would be the adjusting entry? (Assume a
Given Merchandise Inventory of $1,900 and a physical count of inventory that reflected a balance of $1,850, what would be the adjusting entry? (Assume a perpetual inventory system. Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Accounts PR Dr. Cr
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