Teramycin Inc.’s perpetual inventory records indicate that $715,


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Teramycin Inc.’s perpetual inventory records indicate that $715, 1 answer below ยป Teramycin Inc.’s perpetual inventory records indicate that $715,275 of merchandise should be on hand on January 31, 2008. The physical inventory indicates that $698,150 of merchandise is actually on hand. Journalize the adjusting entry for the inventory shrinkage for Teramycin Inc. for the year ended January 31, 2008. Oct 11 2013 07:42 AM

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