Required: Do the following Adjustment Entries.

Cullumber Company's balance sheet at December 31, 2019, is presented below. CULLUMBER COMPANY Balance Sheet December 31, 2019 Inventory 9,000 Share Capital-ordinary Accounts receivable 21,900 Retained earnings Allowance for doubtful accounts Accounts payable Cash (700) 13,100 43,300 20,000 14,400 8,900 43,300