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Rocky Mountain Chocolate Factory employees took a physical count of inventory on February 28, 2010. The cost of inventory in the companys possession on that

Rocky Mountain Chocolate Factory employees took a physical count of inventory on February 28, 2010. The cost of inventory in the companys possession on that date was s$3,281,447.

How would I record this in a journal entry? How would I record this in the ledger? Do I record the debit as a negative in the ledger? Can you upload the answer in Excel?

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