Question
In a perpetual inventory system, when the count of inventory is less than Merchandise Inventory in the unadjusted trial balance, an adjusting entry would need
In a perpetual inventory system, when the count of inventory is less than Merchandise Inventory in the unadjusted trial balance, an adjusting entry would need a credit to:
A.
Sales Revenue
B.
Merchandise Inventory
C.
Cash
D.
Cost of Goods Sold
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Digital Transformation In Accounting
Authors: Richard Busulwa, Nina Evans
1st Edition
0367362090, 9780367362096
