Solve Part (b) using info given in other pictures

Prepare the period-end adjusting journal entry to update the Cost of Goods Sold and Inventory accounts. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Prepare the period-end adjusting journal entry to update the Cost of Goods Sold and Inventory accounts. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)