An extract from Uppsala Ltd's unadjusted trial balance as at 30 June 2013 appears below. Uppsala Ltd's reporting period ends on 30 June and uses the perpetual method to record inventory transactions. $ :5 Inventory 194 400 Sales 631 7'70 Sales retunrs 6 410 Cost of sales 468 640 Inventory losses 12 678 Additional information ' On 24 Jiuie 2013, Uppsala Ltd recorded a $1320 credit sale of goods costing $1200. These goods, which were sold on FOB destination terms and were in transit at 30 June 2013, were included in the physical count. ' Inventory on hand at 30 June 2013 (detennjned via physical count) had a cost of $195 600 and a net realisable value of $194 740. Required 1. Prepare any adjusting journal entries required on 30 Jture 2013