Question: The adjusting journal entry to record inventory shrinkage includes a debit to and a credit to a . Cost of Merchandise Sold; Merchandise Inventory b

The adjusting journal entry to record inventory shrinkage includes a debit to and a credit to
a. Cost of Merchandise Sold; Merchandise Inventory
b. Merchandise Inventory; Cost of Merchandise Sold
c. Merchandise Inventory; Inventory Shrinkage
d. None of these are correct.
The adjusting journal entry to record inventory shrinkage includes a debit

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