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Teramycin Inc.'s perpetual inventory records indicate that $715,275 of merchandise should be on hand on January 31, 2008. The physical inventory indicates that $698,150 of

Teramycin Inc.'s perpetual inventory records indicate that $715,275 of merchandise should be on hand on January 31, 2008. The physical inventory indicates that $698,150 of merchandise is actually on hand. If no account or activity is affected, select "No Effect" from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts

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