Solve for the journal entry for January 31 above^^

[The following information applies to the questions displayed below.] Home Hardware reported beginning inventory of 20 shovels, for a total cost of $100. The company had the following transactions during the month: Sold 4 shovels on account at a selling price of $10 per unit Sold 10 shovels on account at a selling price of $10 per unit Bought 5 shovels on account at a cost of $5 per unit Sold 10 shovels on account at a selling price of $10 per unit 24 Bought 10 shovels on account at a cost of $5 per unit Counted inventory and determined that 10 units were on hand. Prepare the journal entries that would be recorded using a periodic inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)