On January 13,2025 , Pharoah Corporation discovered that goods in transit of $114,775 with terms FOB shipping point were not included in the inventory count at the December 31,2023 year-end. The goods were shipped on December 29,2023 and received by Pharoah on January 10, 2024. Prepare any correcting journal entry required, assuming Pharoah uses a periodic inventory system, the books are closed for 2024 and ignore any income tax effects. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry)