Target's inventory account at year-end has an ending balance of $3,500,000. The physical count reveals that only $3,250,000 of inventory exists. What adjusting entry should Target record to reconcile ending inventory to the physical count?

To be honest this lockdown is just a waste cuz the people will still go out and disobey the rules so i think that this ongoing pandemic is actually just a way to reduce population but if we plan to stop or atleast reduce it then we should focus on a cure to so it can be sent out as soon as possible

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I felt like a whole different person when i was writing this hope it helps