Question $3$ of $8$

$\frac{6\mathrm{.}33}{10}$

Your answer is partially correct.

Prepare the journal entries required at December $31,2022$ and $2023,$ assuming that the inventory is recorded at cost and an allowance account is adjusted at each year end under a periodic system. $($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 all debit entries before credit entries.$)$