The Merchandise Inventory Account Balance Is $56,000

question 46

Multiple Choice

The Merchandise Inventory account balance is $56,000.A physical count of inventory reveals that the actual inventory balance is $39,000.Which of the following would be included in the adjusting entry? (Assume a perpetual inventory system.)

• A) a $39,000 credit to Merchandise Inventory
• B) a $56,000 debit to Cost of Goods Sold
• C) a $17,000 credit to Cost of Goods Sold
• D) a $17,000 credit to Merchandise Inventory

Appreciate the criminal justice system and its components in the context of managing deviance and crime.

Learn about sociological theories related to deviance and crime.

Identify the mechanisms of norm violations and their legal implications.

Understand the different justifications for punishment used within the criminal justice system.

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Definitions:

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