Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December 31 , the company reported inventory of $81,000 and Cost of Goods Sold of $442,000. a. Included in Inventory (and Accounts Payable) are \$12,200 of lenses SLC is holding on consignment. b. Included in SLC's inventory balance are $6,100 of office supplies held in SLC's warehouse. c. Excluded from SLC's Inventory balance are $9,100 of lenses in the warehouse, ready to send to customers on January 2 . SLC reported these lenses as sold on December 31 , at a price of $17,200 d. Included in SLC's Inventory balance are $3,550 of lenses that were damaged in December and will be scrapped in January, with zero realizable value. Journal entry worksheet 5 To record the elimination of consignment inventory, which does not belong to SLC: Note: Enter debits before credits. Journal entry worksheet To record the rectification for recording $6,100 supplies as inventory. Note: Enter debits before credits. Journal entry worksheet To record the elimination of $9,100 cost of goods sold in December for a sale to be made in January. Note: Enter debits before credits. Journal entry worksheet To record the elimination of $17,200 sales transaction recorded in December for a sale to be made in January when goods are shipped FOB destination. Note: Enter debits before credits. Journal entry worksheet To record the write-down of $3,550 inventory damaged in December and will be scrapped in January, with zero realizable value. Note: Enter debits before credits