Question: The adjusting entry to account for normal inventory shrinkage involves a a . debit to Inventory and a credit to Inventory Shrinkage b . debit

The adjusting entry to account for normal inventory shrinkage involves a
a. debit to Inventory and a credit to Inventory Shrinkage
b. debit to Inventory and a credit to Cost of Goods Sold
c. debit to Inventory Shrinkage and a credit to Inventory
d. debit to Cost of Goods Sold and a credit to Inventory

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