LESSON 14-3. Planning and Recording a Merchandise Inventory Adjustment. MERCHANDISE INVENTORY. page 415. 3. 3. ANALYZING AND RECORDING A MERCHANDISE INVENTORY ADJUSTMENT. page 416. 2. 1. 1.Write the debit amount. 2.Write the credit amount.
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Planning and Recording a Merchandise Inventory Adjustment
1.Write the debit amount.
2.Write the credit amount.
3.Label the two parts of this adjustment with a small letter d in parentheses.
Jan. 1 Bal.294,700.00