BE5-5 At year-end the perpetual inventory records of Garbo Company showed merchandise
inventory of $98,000. The company determined, however, that its actual inventory on hand was
$96,500. Record the necessary adjusting entry.
BE5-5 At year-end the perpetual inventory records of Garbo Company showed merchandise
Price: $1.99
BE5-5 At year-end the perpetual inventory records of Garbo Company showed merchandise
inventory of $98,000. The company determined, however, that its actual inventory on hand was
$96,500. Record the necessary adjusting entry.
BE5-5 At year-end the perpetual inventory records of Garbo Company showed merchandise
inventory of $98,000. The company determined, however, that its actual inventory on hand was
$96,500. Record the necessary adjusting entry.
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