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Business, 14.02.2020 22:01 beverly8075

Assume that Jones Company has an unadjusted balance in Merchandise Inventory of $100,000. Due to shrinkage, a physical inventory shows that Merchandise Inventory is actually $99,000. The journal entry to record the needed adjustment would be:

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Assume that Jones Company has an unadjusted balance in Merchandise Inventory of $100,000. Due to shr...
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