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The journal entry to record a shortage of inventory at the end of the accounting period is Debit Credit Accounts Receivable Sales Revenue Cost of
The journal entry to record a shortage of inventory at the end of the accounting period is
| Debit | Credit |
| Accounts Receivable | Sales Revenue |
| Cost of Goods Sold | Merchandise Inventory |
| Accounts Receivable | Merchandise Inventory |
| Merchandise Inventory | Sales Revenue |
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Evaluating The Effectiveness On Internal Audit Departments
Authors: Dereje Ferede Asrat, Sewale Abate Ayalew
1st Edition
3659298387, 978-3659298387
