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Select the best description for this journal entry. Cost of Goods Sold 8 , 2 0 0 Inventory 8 , 2 0 0 ? ?
Select the best description for this journal entry.
Cost of Goods Sold
Inventory
Group of answer choices
Adjusted inventory for inventory shrinkage.
Purchased merchandise for resale.
Received an allowance on a purchase of merchandise.
Customer returned merchandise.
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