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Question 2 points The general ledger shows a balance of 67,000 in the Merchandise inventory account at the end of the period. The physical inventory

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Question 2 points The general ledger shows a balance of 67,000 in the Merchandise inventory account at the end of the period. The physical inventory count shows inventory of 4000. Assume a perpetual inventory system. The adjusting entry includes a detto Merchandise inventory and a credito Cash for $2600 O debito Cost of Goods Sold and a credit to Cash for $2600 debit to Cost of Goods Sold and a credit to Merchandiserwentory for $2600 O debit to Merchandise Inventory and a credit to Cost of Goods Sold for $2600

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