You are asked to travel to New York to observe and verify the inventory of the New York branch of one of your clients. You arrive on Thursday, December 30 , and find that the inventory procedures have just been started. You spot a railway car on the sidetrack at the unloading door and ask the warehouse superintendent, Buck Rogers, how he plans to inventory the contents of the car. He responds, "We are not going to inciude the contents in the inventory" Later in the day, you ask the bookkeeper for the invoice on the carload and the related freight bill. The invoice lists the various items. prices, and extensions of the goods in the car. You note that the carload was shipped December 24 from Albuquerque, fo.b. Albuquerque, and that the total invoice price of the goods in the car was $42,400. The freight bill called for a payment of $1,800. Term5 were net 30 days. The bookkeeper affirms the fact that this invoice is to be held for recording in January. (b) Prepare journal entries, if required, to reflect any accounting adjustment required. Assume a perpetual inventory system is used by your client. (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 tities and enter 0 for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Account Titles and Explanation Debit Credit (To record the shipping of carload from Albuquerque, f.o.b.) (To record freight)