SE L LE JUULI LANC A physical count of inventory showed $360,000 of inventory on hand. The unadjusted trial balance shows an inventory balance of $375,000. What adjusting journal entry is necessary (if any) to adjust inventory to agree to the physical count? Account Titles Debit Credit Miscellaneous Expense 15,000 Cost of Goods Sold 15,000 Adjust inventory to agree to physical count $375,000 - $360,000 = $15,000 Account Titles Debit Credit Inventory 15,000 Cost of Goods Sold 15,000 Adjust inventory to agree to physical count $375,000 - $360,000 = $15,000 Account Titles Debit Credit COGS 15,000 Inventory 15,000 Adjust inventory to agree to physical count $375,000 - $360,000 = $15,000 Account Titles Debit Credit Sales Returns & Allowances 15,000 Inventory 15,000 Adjust inventory to agree to physical count $375,000 - $360,000 = $15,000