what would be the adjusting journal entries for these two?

o. DeeDee uses the FIFO Inventory Method in valuing inventory. The inventory balance of $372,500 was based on a physical count at 12/31/2022. Based on your analysis, you have noted that $4,000 of marketing games that belonged to Marketing Majors Inc. and being held by DeeDee on consignment was included in the physical account at year end. You also note that goods were in transit from a vendor on December 31, 2022 and were not included in ending inventory. The cost of the inventory was $18,000 and the goods were shipped f.o.b. shipping point on December 29, 2022. p. DeeDee has been authorized to issue 1,000,000 shares of $1 par Common Stock. At the end of 2021 , they had issued 50,000 shares for $25. They had properly accounted for this issuance. On January 2, 2022, they issued an additional 30,000 shares of Common Stock for $24 per share. The previous account recorded this transaction as a debit to Cash for $720,000 and a credit to Common Stock $720,000. C 720,000