The beginning inventory of Norcal Wholesalers was $123,000, and the ending inventory is $104,319. What entries are needed at the end of the fiscal period to adjust Merchandise Inventory? View transaction list Journal entry worksheet Record the adjustment for beginning inventory. Note: Enter debits before credits. Date General Journal Dec 31, 2019 7 @ 9 The beginning inventory of Norcal Wholesalers was $123,000, and the ending inventory is $104,319. What entries are needed at the end of the fiscal period to adjust Merchandise Inventory? View transaction list Journal entry worksheet o search O 9 e