Woods company uses the perpetual inventory system. At year end the general ledger indicated that this company had a balance of $ 46 comma 000 in the Inventory account. Actual inventory on hand per a physical count was $ 46500. What action does the company now need to take?
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Home » Business » Woods company uses the perpetual inventory system. At year end the general ledger indicated that this company had a balance of $ 46 comma 000 in the Inventory account. Actual inventory on hand per a physical count was $ 46500.