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Jones Company uses a perpetual inventory system. At the end of the year, Jones Company's merchandise inventory account has a balance of $73,000. A physical

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Jones Company uses a perpetual inventory system. At the end of the year, Jones Company's merchandise inventory account has a balance of $73,000. A physical count shows inventory costing 572,460 on hand Jones Company will record the following ournal entry Multiple Choice Inventory shinkage expense Salon 540 Merchandise inventory Contot good cold 340 20 154 Contofoods.com Marchand to

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