Question: Prepare the adjusting entry that would be required if the inventory count determined that Flint Shipping had inventory with a cost of $20,000 at the

Prepare the adjusting entry that would be required if the inventory count determined that Flint Shipping had inventory with a cost of $20,000 at the end of the year. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Prepare the adjusting entry that would be required if the inventory count determined that Flint Shipping had inventory with a cost of $20,000 at the end of the year. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts

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