In 2020, Eagle Corp. , a public company, has provided the following information:

1. Sales for 2019 included $16,500 that had been received in cash during 2019, but for which the related products were delivered in 2020. Title did not pass to the purchaser until 2020.
2. Ending inventory on December 31, 2019, was understated by $5,640. The December 31, 2020 ending inventory has not been adjusted to the Inventory account. Assume that Eagle has a periodic inventory system, and that no adjustment has been made to the opening balance of the Inventory account.
3. In the past, Eagle recognized bad debt expense equal to 2% of sales. After careful review, it has been decided that 1.5% is more appropriate for 2020. Eagle would have reported $19,800 of bad debt expense under the old rate of 2% for 2020. No entry has yet been made in 2020 for bad debt expense.

Required: 

Prepare the journal entry(ies) that Eagle needs to make to correct or adjust the accounts, assuming that the accounts for 2020 have not yet been closed. Ignore income tax.