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Name: The entry to record inventory shrinkage under a perpetual inventory s
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Description: The entry to record inventory shrinkage under a perpetual inventory system would include a debit to:A) Inventory.B) Inventory Shrinkage Expense.(C) Cost of Merchandise Sold.Sales.

Business

Accounting

The entry to record inventory shrinkage under a perpetual inventory system would include a debit to: A Inventory. Inventory Shrinkage Expense. Cost of Merchandise Sold. Sales.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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