QUESTION 8 The adjusting entry to account for normal inventory shrinkage involves a, a debit to Inventory and a credit to Cost of Goods Sold ob, a debit to Inventory Shrinkage and a credit to Inventory c. a debit to Cost of Goods Sold and a credit to Inventory d. a debit to Inventory and a credit to Inventory Shrinkage QUESTION 9 Which of the lists below shows accounts that would be closed at the end of the fiscal period? a. Retained Earnings, Depreciation Expense, Notes Payable, Store Supplies b. Sales, Cost of Goods Sold, Supplies Expense, and Wages Expense C. Cost of Goods Sold, Supplies, Wages Payable, and Dividends d. Sales, Accounts Payable, Dividends, and Inventory