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S5-8 Adjusting for inventory shrinkage Jeana's Furniture's unadjusted Merchandise Inventory account at year-end is $69,000 The physical count of inventory came up with a total

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S5-8 Adjusting for inventory shrinkage Jeana's Furniture's unadjusted Merchandise Inventory account at year-end is $69,000 The physical count of inventory came up with a total of $67,600. Journalize the adjusting entry needed to account for inventory shrinkage

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