Question: Question 17 (4 points) Saved Zeke Corp. (who uses a periodic inventory system) has beginning inventory of 260 units, purchases of 580 units, and sales

 Question 17 (4 points) Saved Zeke Corp. (who uses a periodic

Question 17 (4 points) Saved Zeke Corp. (who uses a periodic inventory system) has beginning inventory of 260 units, purchases of 580 units, and sales of 710 units. Assume each inventory unit costs $7 and the company counts 140 units of ending inventory Record the December 31 inventory adjusting entry (if necessary) Please copy and paste the blank table below into your answer field and type in the necessary information. Note that not all lines may be needed. Date Account Debit Credit A Format BI U Account Debit Date Credit 12/31 E 50

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