Using the perpetual inventory system, what account is debited when a business finds that its physical count

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Using the perpetual inventory system, what account is debited when a business finds that its physical count of inventory is greater than the recorded amount?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Aug 18, 2017 02:23 PM

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Using the perpetual inventory system, what account is debited when a business finds that its physical count

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