Delmar Industries uses the perpetual inventory method in accounting for inventory. Prepare the necessary adjusting entry for each of the following independent cases using the cost of goods sold account. 
Correct Answer:
Verified
Q71: Match the terms with the definitions.
-An inventory
Q72: Match the terms with the definitions.
-The accounting
Q73: Match the terms with the definitions.
-The owner
Q74: Assigning of the lower-of-cost-or-market to the items
Q75: Match the terms with the definitions.
-The company
Q77: Match the terms with the definitions.
-The cost
Q78: Match the terms with the definitions.
-A method
Q79: Match the terms with the definitions.
-A method
Q80: Match the terms with the definitions.
-A fiscal
Q81: Match the terms with the definitions.
-Counting the
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