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Josh's Furnibure's unadjusted Merchandise Inventory account at year-end is 565,000. The physical count of inventory came up with a total of $63.700 Joumalize the adjusting

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Josh's Furnibure's unadjusted Merchandise Inventory account at year-end is 565,000. The physical count of inventory came up with a total of $63.700 Joumalize the adjusting entry needed to account for inventory shrinkage (Record debits first, then credits. Select t explanation on the last line of the joumal ontry tabie.) Debi Credit Accounts and Explanation Date

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