Journal entry worksheet To record the rectification for recording $5,200 supplies as inventory. Note: Enter debits before credits. Journal entry worksheet To record the write-down of $3,100 inventory damaged in December and will be scrapped in January, with zero realizable value. Note: Enter debits before credits. Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December 31, the company reported Inventory of $72,000 and Cost of Goods Sold of $424,000. a. Included in Inventory (and Accounts Payable) are $10,400 of lenses SLC is holding on consignment. b. Included in SLC's Inventory balance are \$5,200 of office supplies held in SLC's warehouse. c. Excluded from SLC's Inventory balance are $8,200 of lenses in the warehouse, ready to send to customers on January 2 . SLC reported these lenses as sold on December 31 , at a price of $15,400. d. Included in SLC's Inventory balance are \$3,100 of lenses that were damaged in December and will be scrapped in January, with zero realizable value. Required: For each item, (a)-(d), prepare the journal entry to correct the balances presently reported. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet To record the elimination of consignment inventory, which does not belong to SLC. Note: Enter debits before credits. Journal entry worksheet To record the elimination of $8,200 cost of goods sold in December for a sale to be made in January. Note: Enter debits before credits. Journal entry worksheet To record the elimination of $15,400 sales transaction recorded in December for a sale to be made in January when goods are shipped FOB destination. Note: Enter debits before credits