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Business, 15.10.2019 22:20 krystlemiller4307

As the accountant for cm coffee & co., you prepare your trial balance and have an unadjusted inventory balance of $15,650 and cost of goods sold of $98,400. after your physical inventory count, you determine the actual year-end inventory is $15,000. the following adjustment has what impact on stockholders’ equity?
(a)- increse of $650
(b)- decrease of $650
(c)- remains same
(d)- none of these

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As the accountant for cm coffee & co., you prepare your trial balance and have an unadjusted in...
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