Question: Current Attempt in Progress At year end, the perpetual inventory records of Ivanhoe Company showed merchandise inventory of $ 9 6 , 8 0 0

Current Attempt in Progress
At year end, the perpetual inventory records of Ivanhoe Company showed merchandise inventory of $96,800. The company
determined, however, that its actual inventory on hand was $95,200. Record the necessary adjusting entry.
Account Titles
Debit
Credit
Current Attempt in Progress At year end, the perpetual inventory records

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