Inventory shrinkage is recorded by which of the following adjusting entries? a. Debit...

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Accounting

Inventory shrinkage is recorded by which of the following adjusting entries?
a. Debit Cost of Goods Sold, credit Inventory
b. Debit Inventory, credit Cost of Goods Sold
c. Debit Inventory, credit Inventory Shrinkage
d. Debit Inventory Shrinkage, credit Inventory

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