The beginning inventory of norcal wholesalers was $112,000, and the ending inventory is $94,419. What entries are needed at the end of the fiscal period to adjust merchandise inventory?

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07-12-2022
Business

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The beginning inventory of norcal wholesalers was $112,000, and the ending inventory is $94,419. What entries are needed at the end of the fiscal period to adjust merchandise inventory?

Sagot :

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