Cheyenne Company determined its ending inventory at cost and at LCNRV at December 31, 2017, December 31, 2018, and December 31, 2019, as shown below. Cost NRV 12/31/17 $608,300 $608,300 12/31/18 801,000 728,400 12/31/19 863,200 783,000 Collapse question part (a) Partially correct answer. Your answer is partially correct. Try again. Prepare the journal entries required at December 31, 2018, and at December 31, 2019, assuming that a perpetual inventory system and the cost-of-goods-sold method of adjusting to LCNRV is used of an allowance account. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit 12/31/18 Entry field with correct answer Cost of Goods Sold Entry field with incorrect answer Entry field with correct answer Entry field with correct answer Allowance to Reduce Inventory to NRV Entry field with correct answer Entry field with incorrect answer 12/31/19 Entry field with correct answer Cost of Goods Sold Entry field with incorrect answer Entry field with correct answer Entry field with correct answer Allowance to Reduce Inventory to NRV Entry field with correct answer Entry field with incorrect answer Click if you would like to Show Work for this question: Open Show Work