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The ending inventory of merchandise is counted and determined to have a cost of $14,500. Bug-Off uses a perpetual inventory system. The beginning balance on

The ending inventory of merchandise is counted and determined to have a cost of $14,500. Bug-Off uses a perpetual inventory system.

The beginning balance on the unadjusted trial balance is 15900.

What is the adjustment?

How do you figure out the adjustment?

What is the formula?

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