Question: When Pronghorn counted its inventory on June 30, it determined that there were 120 books with a total cost of $1,537. Record the adjusting entry
When Pronghorn counted its inventory on June 30, it determined that there were 120 books with a total cost of $1,537. Record the adjusting entry for the inventory theft or shrinkage. When Pronghorn counted its inventory on June 30, it determined that there were 120 books with a total cost of $1,537. Record the adjusting entry for the inventory theft or shrinkage. (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.) Date Account Titles and Explanation Debit Credit June 30 enter an account title for the
journal entry on December 3 enter a debit amount enter a credit amount enter an account title for the journal entry on December 3 enter a debit amount enter a credit amount
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