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Josh's Furniture's Inventory account at year-end appeared as follows: Inventory Unadjusted balance 68,000 The physical count of inventory came up with a total of

Josh's Furniture's Inventory account at year-end appeared as follows: Inventory Unadjusted balance 68,000 The physical count of inventory came up with a total of $66,700. Requirement R1. Journalize the adjusting entry.

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