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If shrinkage is found for $600, an adjusting entry would be made as follows O A. debit Inventory for $600, credit Sales Returns and Allowances

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If shrinkage is found for $600, an adjusting entry would be made as follows O A. debit Inventory for $600, credit Sales Returns and Allowances for $600 O B. debit Cost of Goods Sold for $600 credit Inventory for $600 O C. debit Inventory for $600, credit Cost of Goods Sold for $600 O D. debit Sales Returns and Allowances for $600 credit Inventory for $600

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