When the physical count of Sheridan Company inventory had a cost of $4290 at year...
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Accounting
When the physical count of Sheridan Company inventory had a cost of $4290 at year end and the unadjusted balance in Inventory was $4670, Sheridan will have to make the following entry: Entry field with incorrect answer
Inventory 380 Cost of Goods Sold 380
Cost of Goods Sold 4670 Inventory 4670
Income Summary 380 Inventory 380
Cost of Goods Sold 380 Inventory 380
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You can see the logs in the Dashboard.