PLEASE HELP ANSWER REQUIRED ONE AND REQUIRED TWO. IT IS TWO JOURNAL ENTRIES

Revise your calculations based the new information provided below and then answer the questions that follow. Inventory Item A Item B Item C Item D Number of Units 4,600 3,900 2,300 2,500 Unit Cost 26 53 54 26 Unit NRV 27 58 50 22 Required: 1. Based on the new information, prepare the journal entry required: 2. Change the Unit Cost for Item A to $30 and prepare the journal entry required: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on the new information, prepare the journal entry required: (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet