The Merchandise Inventory account balance is $54,000. A physical count of inventory reveals that the actual inventory balance is $39,000. Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system.) A. a $39,000 credit to Merchandise Inventory B. a $15,000 credit to Merchandise Inventory OC. a $15,000 credit to Cost of Goods Sold D. a $54,000 debit to Cost of Goods Sold

The Merchandise Inventory account balance is $54,000. A physical count of inventory reveals that the actual inventory balance is $39,000. Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system.) A. a $39,000 credit to Merchandise Inventory B. a $15,000 credit to Merchandise Inventory C. a $15,000 credit to Cost of Goods Sold D. a $54,000 debit to Cost of Goods Sold