The Merchandise Inventory account balance is $52,000.

A physical count of inventory reveals that the actual inventory balance is $35,000.

Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system.)

A. a $35,000 credit to Merchandise Inventory

B. a $17,000 credit to Cost of Goods Sold

C. a $52,000 debit to Cost of Goods Sold

D. a $17,000 credit to Merchandise Inventory