Business
Business, 15.07.2021 23:20, tlturner03

Inventory shrinkage Intrax Inc.โ€™s perpetual inventory records indicate that $815,400 of merchandise should be on hand on December 31, 20Y4. The physical inventory indicates that $798,300 of merchandise is actually on hand. Illustrate the effects on the accounts and financial statements of the inventory shrinkage for Intrax Inc. for the year ended December 31, 20Y4.

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Inventory shrinkage Intrax Inc.โ€™s perpetual inventory records indicate that $815,400 of merchandise...

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