The Merchandise Inventory account of a company shows a balance of $30,000,but a physical count of inventory shows $29,000.Which of the following entries is required to record the shrinkage? (Assume a perpetual inventory system. )

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The Answer of The Merchandise Inventory account of a company shows a balance of $30,000,but a physical count of inventory shows $29,000.Which of the following entries is required to record the shrinkage? (Assume a perpetual inventory system. )

The Merchandise Inventory Account of a Company Shows a Balance