Suppose Dave's Discount's Merchandise Inventory account showed a balance of $8,000 before the year-end adjustments. The physical count of goods on hand totaled 57.400. Dave uses a perpetual inventory system. To adjust the accounts, which entry would the company make? Debit Credit 600 600 Credit Debit 600 . Accounts and explanation Merchandise Inventory Cost of Goods Sold OB Accounts and Explanation Cost of Goods Sold Merchandise Inventory OC Accounts and Explanation Merchandise Inventory Accounts Receivable OD Accounts and Explanation Accounts Payable Merchandise Inventory 600 Debit Credit 500 600 Debit Credit 600 600