The adjusting entry to record inventory shrinkage would include a debit to the cost of goods sold account in a periodic inventory system.
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Q169: Following is a random list of
Q170: Table 5-3 Q171: Table 5-5 Q172: In a periodic inventory system, the closing Q173: Under a periodic inventory system, which accounts Q174: Table 5-4 Q175: Table 5-4 Q176: The caption "Net sales" in a multi-step Q177: Table 5-5 Q179: In a periodic inventory system, the closing
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