Thamesford Book Shop's accounts et March 31, 2020, included the following uradjusted balances. The physical count of inventory showed $7.00 of inventory on hard. This is the only adjustment needed (Click the loon to view the unadjusted balances) Required a. Joumalize the adjustment for inventory shrinkage Include an explanation. Thamesford Book Shop uses the perpetual inventory system b. Joumalize the closing entries for the appropriate accounts. c. Compute the gross margin Requirement a Joumaire the adjustment for inventory shrinkage Include an exploration Thamesford Book Shop was the perpetua inventory system (Record debits first, then credits. Select the explanation on entry table) Journal Entry Accounts and explanations Debit Credit Mar Unadjusted balances Inventory Contod Riva SD Return and Alone $10.000 74.000 95.000 32900 3.000 Requirement b. Jumale the closing entries for the propriate counts Begin by journalizing the closing of revenue (ecord debit first, then credits Exclude explanai Journal Entry Account Debit Credit Print Done Mar Choose from any or enter any number in the input fields and then continue to the neston