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Business, 14.04.2020 17:58 NeverEndingCycle

When the physical count of Rosanna Company inventory had a cost of $4,350 at year end and the unadjusted balance in Inventory was $4,500, Rosanna will have to make the following entry:

a. Cost of Goods Sold150 Inventory150
b. Inventory150 Cost of Goods Sold150
c. Income Summary150 Inventory150
d. Cost of Goods Sold4,500 Inventory4,500

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