I need help solving this problem, but I need a real answer as son is possible because is due today before 11 pm pacific time, based on the information provided. Target Corporation--like all other businesses--makes adjusting entries at year-end. Target's main source of revenue is Sales Revenue and their main expense is Cost of Sales (expenses associated with selling goods). Based on Target's condensed Balance Sheet below, identify either an asset or liability account for which Target might record an adjusting entry. Provide an example or brief explanation as to why the account might need adjusted. Target Corporation--like all other businesses--makes adjusting entries at year~end. Target's main source of revenue is Sales Revenue, and their main expense is Cost of Sales (expenses associated with selling goods). Based on Target's conde. this is the information. Target Corporation--like all other businesses--makes adjusting entries at year~end. Target's main source of revenue is Sales Revenue and their main expense is Cost of Sales (expenses associated with selling goods). Based on Target's condensed Balance Sheet below, identify either an asset or liabllity account for which Target might record an adjusting entry. Provide an example or brief explanation as to why the account might need adjusted. Note: There will be accounts on the Balance Sheet that you haven't yet learned about. Keep your focus on the accounts for which you are familiar. (millions, except footnotes) Assets Cash and cash equivalents inventory Other current assets Total current assets Property and equipment Land Buildings and improvements Fixtures and equipment Computer hardware and software Construction-in-progress Accumulated depreciation Property and equipment, net Operating lease assets Other noncurrent assets Total assets Liabilities and shareholders" investment Accounts payable Accrued and other current liabilities Current portion of long-term debt and other borrowiry Total current liablites Long-term debt and other borrowings Noncurrent operating lease Kabliti Deferred income taxes Other noncurrent fabites Total noncurrent labilies Shareholders' investmen Common stock Additional paid-in capita Retained earnings Accumulated other compreher Total shareholders' invest Total labilities and shar . 2.220 S 13.409 2.118 17,846 6.231 34,746 1.439 3,030 2,688 (22,631) 31,512 2.657 1.320 53.336 13.487 S 5883 130 19.600 16.009 2.638 2.196 1.760 22.803 38 6.808 5.005 (419) 11.232 53.335 1 January 39. 5.011 13,902 1,780 21,573 6,164 32,985 6,407 2,506 1,257 (21,137) 28,181 2,566 1.501 53,811 15.478 6.008 171 21.747 13.549 2453 1.566 1.625 19.237 39 6421 6.920 (553) 12.827 63,811