Mathematics, 19.01.2021 17:20, aomoloju4202

Adidea Corp. has a year-end inventory of $85,000. However, the general ledgar account shows a debit balance of $95,000. The compnay must change the general ledgar to reflect the actual inventory. Assuming the company uses a perpetual system, which adjusting worksheet entry foes it need to use? A) Inventory (debit) 10,000 Cost of goods sold (credit) 10,000.
B) Inventory change (debit) 10,000 Inventory (credit) 10,000.
C) Cost of goods sold (debit) 10,000 Inventory change (credit) 10,000.
D) Inventory (debit) 10,000 Inventory change (credit) 10,000.

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Adidea Corp. has a year-end inventory of $85,000. However, the general ledgar account shows a debit...