2 Date Accounts and Explanation Debit Credit 3

31-Jul Shrinnkage expenses - Cost of goods sold 1,900

Merchandise Inventory 1,900

Particular Amount
Inventory reported in the books 34,800
Physical count -32,900
Inventory shrinkage 1,900
Date Particular Debit Credit
2-Apr Merchandise Inventory 3,600
Accounts Payable 3,600

3-Apr Merchandise Inventory 200

Cash 200

4-Apr Accounts Payable 600

Merchandise Inventory 600

17-Apr Accounts Payable 3,000

Merchandise Inventory 60
Cash 2,940

18-Apr Merchandise Inventory 7,500

Accounts Payable 7,500

21-Apr Sales Return and Allowances 2,100

Accounts Payable 2,100

28-Apr Accounts Payable 5,400

Merchandise Inventory 108
Cash 5,292