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(b) Prepare the correcting journal entries required at December 31, 2023, assuming that the books have been closed. (Credit account titles are automatically indented

  

 

(b) Prepare the correcting journal entries required at December 31, 2023, assuming that the books have been closed. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Account Titles and Explanation (To record bad debts written off) (To record inventory bill) (To record deferred gross profit) Debit Credit

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