Current Attempt in Progress

Presented below is information related to Carla Vista Co$.,$ owned by D$.$ Moore, for the month of January $2024.$

Prepare the necessary adjusting entry for inventory. $($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 titles and enter $0$ for the amounts. List debit entry before

credit entry.$)$

Date Account Titles

Debit

Credit

Jan. $31$

eTextbook and Media

Prepare the necessary closing entries. D$.$ Moore did not withdraw any cash during the month of January. $($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 titles

and enter $0$ for the amounts. List all debit entries before credit entries.$)$

Date Account Titles and Explanation

Debit

Credit

Jan. $31$

$($To close income statement account with credit balance.$)$

Jan. $31$