Current Attempt in Progress Presented below is information related to Tamarisk, Inc. for the month of January 2020. $25,510 $11,100 24.490 58,620 Ending inventory per perpetual records Ending inventory actually on hand Cost of goods sold Freight-out Insurance expense Rent expense Salaries and wages expense Sales discounts Sales returns and allowances Sales revenue 10,360 24,810 215.990 7,620 15,660 419,490 (a) Prepare the necessary adjusting entry for inventory. (Credit account titles are automatically indented when amount is entered. not indent manually. If no entry is required, select "No Entry" for the account titles and enter "o" for the amounts) Account Titles and Explanation Debit Credit