Home Hardware reported beginning inventory of $20$ shovels, for a total cost of $$100.$ The company had the following

transactions during the month:

January $2$ Sold $5$ shovels on account at a selling price of $$11$ per unit.

January $16$ Sold $9$ shovels on account at a selling price of $$11$ per unit.

January $18$ Bought $7$ shovels on account at a cost of $$5$ per unit.

January $19$ Sold $9$ shovels on account at a selling price of $$11$ per unit.

January $24$ Bought $9$ shovels on account at a cost of $$5$ per unit.

January $31$ Counted inventory and determined that $10$ units were on hand.

Required:

Prepare the journal entrles that would be recorded using a periodic inventory system. $($If no entry is requlred for a

transaction$/$event$,$ select $"$No Journal Entry Required" In the first account fleld.$)$

Journal entry worksheet

Record the end of period adjustment to determine the amount of cost of goods

sold, including any "book$-$to$-$physical" adjustment that might be needed.

Note: Enter debits before credits.