The General Ledger Shows a Balance of $23 678 in the Inventory

question 98

Multiple Choice

The general ledger shows a balance of $23 678 in the Inventory account at the end of the period. A physical inventory shows a count of $22 078. The adjusting entry would be a:

• A)debit to Cost of sales and a credit to Cash.
• B)debit to Cost of sales and a credit to Inventory.
• C)debit to Inventory and a credit to Cost of sales.
• D)debit to Inventory and a credit to Cash.

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Definitions:

Alleles

Variations of a gene that occur on the same place on a chromosome, contributing to the diversity of phenotypes in a population.

Sickle-Cell Anemia

Sickle-cell anemia is a genetic blood disorder characterized by red blood cells that assume a rigid, sickle shape, leading to poor oxygen delivery, pain, and potential complications.

Genetic Mutation

A genetic mutation is a permanent alteration in the DNA sequence that makes up a gene, potentially leading to variations in physical traits or health conditions.

Malaria

A mosquito-borne infectious disease affecting humans and animals caused by Plasmodium parasites, characterized by fever, vomiting, and fatigue.