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The unadjusted trial balance shows an inventory balance of

Question - A physical count of inventory showed $360,000 of inventory on hand. The unadjusted trial balance shows an inventory balance of $375,000. What adjusting journal entry is necessary (if any) to adjust inventory to agree to the physical count?

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Accounting Basics: The unadjusted trial balance shows an inventory balance of

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Accounting Basics: The unadjusted trial balance shows an inventory balance of

Reference No:- TGS02491206

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