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Using the Following Information, What Amount of "Shrinkage" Would Be

Question 1

Multiple Choice

Using the following information, what amount of "shrinkage" would be identified under the periodic inventory system? Using the following information, what amount of shrinkage would be identified under the periodic inventory system? A) $ 0 B) $300,000 C) $650,000 D) $700,000


A) $ 0
B) $300,000
C) $650,000
D) $700,000

Correct Answer:

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