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Good Guys Nightclub discovers that the following items are missing from inventory: one bottle of vodka at a cost of $80, one bottle of wine
Good Guys Nightclub discovers that the following items are missing from inventory: one bottle of vodka at a cost of $80, one bottle of wine at a cost of $140 and three bottles of rum at a cost of $50 each. Which of the following journal entries should be used to make the adjustment? Assume the business uses the perpetual inventory system
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