C$.$ Inventory is accounted for using the last in$,$ first out

method. $20,000$ cases of Green Dog's peanut butter dog

cookies were not included in the physical inventory count

because they were on consignment at various pet food

retailers. The cases have a cost of $$50,000.$

Consignment transactions information:

Another company has our inventory at their locations.

Our company retains ownership.

The other company tries to sell the inventory for us$.$

When the inventory is sold the other company sends

our company the cash.

Inventory should be on the books of the company that owns

the inventory.

D$.$ During fiscal $2024,70\%$ of sales were credit sales and

$30\%$ of sales were for cash.

Bad Debt Expense is $2\%$ of credit sales.

E$.$ Depreciation on all depreciable assets is on the straight$-$

line basis.

F$.$ A count of the Office Supplies on Hand at year end

revealed that $$10,000$ were unused.

The purchase was originally recorded in Administration

Expense.

G$.$ The note payable has $4\%$ interest. Only the interest is

payable monthly and the principal

of $$500,000$ is due October $1,2030.$

H$.$ The Common Stock has a $$5$ par value and there are no

treasury shares. $200,000$ shares are authorized. A $$20,000$

dividend was declared and paid during the year.

Prepare Adjusting amd correcting entries! please