Presented below is information related to Ivanhoe Co., owned by D. Martin, for the month of January 2024. Ending inventory per perpetual records $21,300 Rent expense $21,200 Ending inventory actually on hand 18,300 Salaries expense 55,500 Cost of goods sold 225,000 Sales discounts 8,800 Delivery expense 6,200 Sales returns and allowances 12,800 Insurance expense 12,200 Sales 367,000 Prepare the necessary adjusting entry for inventory. (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 0 for the amounts. List debit entry before credit entry.) Date Account Titles Jan. 31 Debit Credit