When the Physical Count of Barr Company Inventory Had a Cost

question 217

Short Answer

When the physical count of Barr Company inventory had a cost of $4380 at year end and the unadjusted balance in Inventory was $4600 Barr will have to make the following entry: a.
$\begin{array}{lrr} \text { Cost of Goods Sold } &220\\ \text {Inventory } &&220\\\end{array}$

b.
$\begin{array}{lrr} \text {Inventory } &220\\ \text { Cost of Goods Sold } &&220\\\end{array}$

c.
$\begin{array}{lrr} \text { Income Summary }&220\\ \text { Inventory } &&220\\\end{array}$

d.
$\begin{array}{lrr} \text {Cost of Goods Sold } &4,600\\ \text { Inventory } &&4,600 \\\end{array}$

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Definitions:

Infected Wound

A wound that has been colonized by bacteria or other pathogens, leading to signs of infection such as redness, warmth, swelling, and pain.

Pressure Ulcer

A localized damage to the skin and underlying tissue, often over bony areas, caused by pressure or friction.

Stage III Pressure Ulcer

A severe pressure sore characterized by full thickness tissue loss that may expose subcutaneous fat, but not bone, tendon, or muscle.

Subcutaneous

Pertaining to or situated under the skin.