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Given the following inventory information for Ginny's gourmet shop, what, if any, adjusting entry will she need to make (provide the journal entry - if

Given the following inventory information for Ginny's gourmet shop, what, if any, adjusting entry will she need to make (provide the journal entry - if any)?

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Product Quantity Acquisition Cost Per Unit Total $ 7.00 $ 126.00 $ 9.00 $ 468.00 $ 11.50 $ 299.00 $ 4.00 $ 140.00 $1,033.00 Market Price Per Unit Total $ 10.50 $ 189.00 $ 8.75 $ 455.00 $ 10.00 $ 260.00 $ 4.01 $ 140.35 $1,044.35

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