Kingbird Machine Company maintains a general ledger account for each class of inventory, debiting such accounts for increases during the period and crediting them for decreases. The transactions below relate to the Raw Materials inventory account, which is debited for materials purchased and credited for materials requisitioned for use.

An invoice for $$16,605,$ terms fo$.$b$.$ destination, was received and entered January $2,2025.$ The receiving report shows that the materials were received December $28,2024.$

Materials costing $$57,400,$ shipped fo$.$b$.$ destination, were not entered by December $31,2024,$ "because they were in a railroad car on the company's siding on that date and had not been unloaded."

Materials costing $$14,965$ were returned to the supplier on December $29,2024,$ and were shipped foob. shipping point. The return was entered on that date, even though the materials are not expected to reach the supplier's place of business until January $6,2025.$

An invoice for $$15,375,$ terms fo$.$b$.$ shipping point, was received and entered December $30,2024.$ The receiving report shows that the materials were received January $4,2025,$ and the bill of lading shows that they were shipped January $2,2025.$

Materials costing $$40,590$ were received December $30,2024,$ but no entry was made for them because "they were ordered with a specified delivery of no earlier than January $10,2025.$

Prepare correcting general journal entries required at December $31,2024,$ assuming that the books have not been closed. $($If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manuallv listall dehit ontrios hof fre credit it $0$