An adjusting entry needed to estimate future customer behavi

An adjusting entry needed to estimate future customer behavior includes O a. Customer Replacements. O b. Inventory Shrinkage. O c. Customer Returns. O d. None of these choices, since no journal entry is needed for this

Solution

Q1. Answer is d. None of these choices, since no journal entry is needed for this. Q2. Answer is a. Gross Profit.
 An adjusting entry needed to estimate future customer behavior includes O a. Customer Replacements. O b. Inventory Shrinkage. O c. Customer Returns. O d. None

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