Current Attempt in Progress

Plant Company began operations in $2021$ and determined its ending inventory at cost and at lower$-$of$-$cost$-$or$-$NRV at December $31,$

$2021,2022,$ and $2023.$ This information is presented below.

$($a$)$

Prepare the journal entries required at December $31,2021,2022,$ and $2023,$ assuming that the cost$-$of$-$goods$-$sold method is used

with an allowance account. $($Credit account titles are automatically indented when 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.$)$