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Check my work 4 Required information 2. Prepare the journal entry Peterson Furniture Designs would record on December 31 to write down its inventory to LCM/NRV. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Part 2 of 2 5 points View transaction list eBook Journal entry worksheet Hint Print Record inventory write down to LCM/NRV. References Note: Enter debits before credits. Date General Journal Debit Credit December 31 Check my work 4 Required information 2. Prepare the journal entry Peterson Furniture Designs would record on December 31 to write down its inventory to LCM/NRV. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Part 2 of 2 5 points View transaction list eBook Journal entry worksheet Hint Print Record inventory write down to LCM/NRV. References Note: Enter debits before credits. Date General Journal Debit Credit December 31