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

Jan. 2	Sold 4 shovels on account at a selling price of $10 per unit.
16	Sold 10 shovels on account at a selling price of $10 per unit.
18	Bought 5 shovels on account at a cost of $5 per unit.
19	Sold 10 shovels on account at a selling price of $10 per unit.
24	Bought 10 shovels on account at a cost of $5 per unit.
31	Counted inventory and determined that 10 units were on hand. Question : Record a journal entry that adjusts the accounting records to show that 10 units of inventory actually are still on hand (and should be recorded in the Inventory account) at the end of the period.