The company just took a physical count of inventory and found $75 worth of inventory was unaccounted
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The company just took a physical count of inventory and found $75 worth of inventory was unaccounted for. It was either stolen or damaged. Which journal would the company use to record the correction of the error in inventory?
A. sales journal B. purchases journal C. cash receipts journal D. cash disbursements journal E. general journal
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The company would use the E General Journal to record the correction of the error in inventory Th...View the full answer
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Related Book For 
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781947172685
1st Edition
Authors: Patty Graybeal, Mitchell Franklin, Dixon Cooper
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