Save Homework: Ch SHW Question 4, E5-22A (simil HW Score: 80%, 84 of 10 points Part 2 of 2 Points: 0.4 of 2 Clarmont Resources, Inc has the following account balances at May 31, 2018 The morkory balance was determined tung FIFO cick the icon to view the balances Charmont Resources, Inc, has determined that the toplacement cost current market value of the May 31, 2018 ending inventory is 535,700 Read to tourments Requirement 2. Prepare any adusting journal entry required bred on the information given Record dobits first the credits Exclude uplations from any ouma entre lo djusting entry is needed, select "No entry required on the first line of the Accounts Column and leave all other celsbank) Journal Entry Accounts Date Debit Credit May 31 DemoDocs Example Help Me Solve This Get More Help Clear All Check Answer Fal 2021-BUS 120 - Section 1074 - R. Farris Bashar A Al Harem Homework: Ch 5HW Question 4, E5-22A (simil. III Part 2 of 2 HW Score: 84%, 8.4 of 10 points Points: 0.4 of 2 Save Carmont Resources, Inc, has the following acpothalance Mehan.halocadotecnia Click the icon to www the balances) Chaumont Resources, Inc, has dotormined the Data Table Read the recents Cost of goods sold Sales revenue Requirement 2. Prepare any adjusting jouma adjusting entry is nooded, soled "No only Bog Bal End B Inventory 34 800 35800 Jou B 89,000 176.000 Date Accoul May 31 Print Done Help Me Solve This DemoDoc rer Previous Next E Homework: Ch 5HW Question 4, E5-22A (simil... Part 2 of 2 HW Score: 84%, 8.4 of 10 points Points: 0.4 of 2 Clamont Resources, Inc. has the following account balances at May 31, 2018 The inventory balance was determined using FIFO (Click the icon to view the balances) Clamont Resources, Inc. has determined that the replacement cost (current market value) of the May 31, 2018 ending inventory is $35,700 Read the requirements Date Accounts Debit Credit May 31