hiw do I journalize it

Adjusting entries Chart of Accounts Journal Instructions Hahn Flooring Company uses a perpetual inventory system. A. The inventory account has a balance of $652,200, while physical inventory indicates that $643,950 of merchandise is on hand. B. Sales returns of $93,350 and merchandise returns of $49,100 are estimated for the current year's sales. Journalize the December 31 adjusting entries based on the above transactions. Assume that the inventory shrinkage is a normal amount. Refer to Accounts for exact wording of account titles