Southwest Furnitures unadjusted Merchandise Inventory account at year-end is $63,000. The physical count of inventory came up
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Southwest Furniture’s unadjusted Merchandise Inventory account at year-end is $63,000. The physical count of inventory came up with a total of $61,900. Journalize the adjusting entry needed to account for inventory shrinkage.
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780137858651
8th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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