Expense accounts in the adjustments journal

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Question: Record inventory that is recovered after a loss has already been recorded - in the general journal using the inventory asset and the damaged/lost inventory expense accounts in the adjustments journal using a positive quantity and the damaged/lost inventory expense account in the adjustments journal using a negative quantity and the damaged/lost inventory expense account in the general journal using the inventory asset and the damaged/lost inventory expense account

Reference no: EM133609418

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