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The adjusting journal entry to record inventory shrinkage includes a debit to and a credit to a . Cost of Merchandise Sold; Merchandise Inventory b

The adjusting journal entry to record inventory shrinkage includes a debit to

and a credit to

.

Cost of Merchandise Sold; Merchandise Inventory

.

Merchandise Inventory; Cost of Merchandise Sold

.

Merchandise Inventory; Inventory Shrinkage

.

None of these are correct.

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