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    nizzxy's Avatar
    nizzxy Posts: 1, Reputation: 1
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    #1

    Dec 29, 2011, 02:38 AM
    Merchandise inventory?
    In my adjusting entry there goes a merchandise inventory . Where in the trial balance I have none . If I will debit the merchandise inventory what would be the credit entry?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Dec 29, 2011, 12:53 PM
    Cost of Goods Sold, or some other appropriate expense account.
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