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Using a perpetual inventory system, if Marigold's accounting records showe ory balance of $25800 and a physical count shows a balance of $23800, it is

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Using a perpetual inventory system, if Marigold's accounting records showe ory balance of $25800 and a physical count shows a balance of $23800, it is necessary to remove the nonexistent inventory from its records. credit Cost of Goods Sold purchase additional inventory debit its inventory records

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