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Jeff's Furniture's unadjusted Merchandise Inventory account at year-end is $68,000. The physical count of inventory came up with a total of $66.800 Journalize the adjusting

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Jeff's Furniture's unadjusted Merchandise Inventory account at year-end is $68,000. The physical count of inventory came up with a total of $66.800 Journalize the adjusting entry needed to account for inventory shrinkage (record debts frotton credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit

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