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Credit Click the icon to view the perpetual inventory record you prepared in Requirement 1.) Date Accounts and Explanation Debit Dec 28 Cost of Goods Sold 1.236 Merchandise Inventory 1.236 Recorded the cost of goods sold a. Physical count of inventory on December 31 showed 600 units of goods on hand. Prepare the adjusting entry, (Click the icon to view the perpetual inventory record you prepared in Requirement 1.) Accounts and Explanation Credit Dec 31 Cost of Goods Sold Adi.() Merchandise Inventory Date Debit Adjustment for inventory shrinkage. Demodocs example Etext pages Calculator al that, in addition sactions) ve como me flowing machine Date Quantity Cest Cost Dec 2 500S 7.00 3,500 5 7005 10.00 $ 7.000 3.500 7 (300) 7.00 $ (2.100) 9 $ (476) to the Decem atual inventory 11 ccounts and 12 5 Quantity Cost Cost Quantity Cout Cost 500 5 7.00 $ 50015 700 S 31500 700ls 10.00 $ 7,000 200 $ 7.00 5 1400 700$ 10 BOIS 7,000 2005 7.00ls 1.400 700 $ 9325 6,524 1505 7.00 $ 1,050 50 $ 7.00 $ 350 700 5 9.325 6.524 50 S 5.805 280 700 $ 9.325 6.524 (70) $ 7.00 $ (490) yols 7.00 $ 490 5015 5.00 3 280 70015 9325 5,524 70$ 7.00 $ 400 50 $ 5608 280 505 9.32 $ 486 6505 9.32 $ 8.058 50 $ 9.3213 466 600 $ 9.3213 5,592 $ 2,262 $ 5.502 300 600 (TO) ventory 15 goods sold 28 cember 31 sho ual inventory counts and 31 7.854 Totals 900 ary