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 sheet 34,800
Physical count -32,900
Inventory shrinkage 1,900
Date Particular Debit Credit
2-Apr Merchandise Inventory 3,600 Cash
Accounts Payable 3,600 Capital

3-Apr Merchandise Inventory 200 Cash

Cash 200 Note payable

4-Apr Accounts Payable 600 Inventory

Merchandise Inventory 600 Cash

17-Apr Accounts Payable 3,000 Accounts Receivable

Merchandise Inventory 60 Sales
Cash 2,940 Cash
Revenue
18-Apr Merchandise Inventory 7,500 Revenue
Accounts Payable 7,500 Accounts Receivable
CODs
21-Apr Sales Return and Allowances 2,100 Inventories
Accounts Payable 2,100

28-Apr Accounts Payable 5,400

Merchandise Inventory 108
Cash 5,292
Dr Cr
5,000
5,000

10,000
10,000

4,000
4,000

6,000
6,000
3,500
3,500
2,500
2,500
2,000
2,000