Question

When the physical count of Rosanna Company inventory had a cost of $4350 at year end and the unadjusted balance in inventory was $4500, Rosanna will have to make the following entry:

a. Cost of Goods Sold 150 Inventory 150
b. Inventory 150 Cost of Goods Sold 150
c. Income Summary 150 Inventory 150
d. Cost of Goods Sold 4500 Inventory 4500

Answer 1

a

Step-by-step explanation:

Hope this helps have a nice day