Options for "general journals" are included in pictures.

The following information pertains to Hagen Metal Work's ending inventory for the current year: Unit Cost $ 10 Unit Market Value S 7 Item Quantity 230 220 64 Required a. Determine the value of the ending inventory using the lower-of-cost-or-market rule applied to (1) each individual inventory item and (2) the inventory in aggregate. Answer is complete and correct. Ending Inventory 4,807 $ 5,317 Individual item method Aggregate method Journai entry worksneet 1 Record entry for cost of goods sold using individual item method. Note: Enter debits before credits Event General Journal Journal Debit Credit ces Record entry Clear entry View general journal Journai entry worksneet Record entry for cost of goods sold using aggregate method. Note: Enter debits before credits. Event General Journal Debit Credit int Fences 1 Record entry Clear entry View general Journal Accounts payable Record ent Accounts receivable Cash Cost of goods sold Income tax expense Note: Enter det Debit Credit Event Inventory Income tax expense Record ent Inventory Operating expenses Salaries expense Note: Enter det Sales revenue Debit Event