Question 9 0.5 pts On June 30th, Staples purchases 5 HP computers for $500. On December 31st they still have one of the HP Computers and believe market value is $400. What is the journal entry they should record on December 31st? O DR COGS $400; CR Inventory $400 O DR Inventory $100; CR COGS $100 O DR COGS $100; CR Inventory $100 O DR COGS $500; CR Inventory $500 O No journal entry required Question 10 0.5 pts An Apple store counts inventory on December 31st, and discovers that while their inventory system says they have 7 iphone 11s with a cost of $400, they only have 5 on hand. What is the journal entry Apple, Inc should record on December 31st? O DR COGS $400; CR Inventory $400 O DR Inventory $800; CR COGS $800 O DR COGS $800; CR Inventory $800 O No journal entry required O DR COGS $400; CR Inventory $400