Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

تمرين 80

Assume that Audio Outfitter Inc. in Discussion Question 9 experienced an abnormal inventory shrinkage of $98,600. Audio Outfitter Inc. has decided to record the abnormal inventory shrinkage so that it would be disclosed separately on the income statement. What account would be debited for the abnormal inventory shrinkage