omega tire co

InstrucionS Omega Tire Co. 's perpetual inventory records indicate that $2,833,600 of merchandise should be on hand on August 31, 2018. The physical inventory indicates that $2,785,800 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage for Omega Tire Co for the year ended August 31. Refer to the Chart of Accounts for exact wording of accouns titles