Question: If the physical inventory count reveals a $5,000 overstatement per the books, the proper adjusting entry would include: Group of answer choices a debit to

If the physical inventory count reveals a $5,000 overstatement per the books, the proper adjusting entry would include:

Group of answer choices

a debit to Pilferage Expense of $5,000

None of the Answers are correct.

a debit to Inventory of $5,000

a credit to Inventory Expense of $5,000

a credit to Pilferage Expense of $5,000

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