Question: Help Save & Ex! M6-2 Calculating Shrinkage In a Perpetual Inventory System (LO 6-2] Corey's Campus Store has $3,400 of inventory on hand at the
Help Save & Ex! M6-2 Calculating Shrinkage In a Perpetual Inventory System (LO 6-2] Corey's Campus Store has $3,400 of inventory on hand at the beginning of the month. During the month, the company buys $35,000 of merchandise and sells merchandise that had cost $26,400. At the end of the month, $11,200 of inventory is on hand. How much shrinkage occurred during the month? Shrinkage
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