Q5.17: When the physical count of BIM company inventory had a cost of $2,700 at year end and the unadjusted balance in Merchandise Inventory was $2,500, BIM will have to make the following entry? 200 Income Summary.. Inventory.... 200 B 2,500 Cost of Goods Sold.... Inventory..... 2,500 200 Inventory......... Cost of Goods Sold... 200 200 Cost of Goods Sold............ Inventory............. 200