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0 You skipped this question in the previous attempt The following list includes selected permanent accounts and all of the temporary accounts from the December

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0 You skipped this question in the previous attempt The following list includes selected permanent accounts and all of the temporary accounts from the December 31 unadjusted trial balance of Emiko Co., a business owned by Kumi Emiko. Emiko Co. uses a perpetual inventory system. Debit Credit Merchandise inventory $ 34,000 Prepaid selling expenses 6,400 Dividends 41,000 Sales $561,000 Sales returns and allowances 19, 180 Sales discounts 5,800 Cost of goods sold 228,00 Sales salaries expense 56,000 Utilities expense 19,000 Selling expenses 40,000 Administrative expenses 113,000 Additional Information Accrued and unpaid sales salaries amount to $2,000. Prepaid selling expenses of $3,800 have expired. A physical count of year-end merchandise inventory is taken to determine shrinkage and shows $31,100 of goods still available, (a) Use the above account balances along with the additional information, prepare the adjusting entries. (b) Use the above account balances along with the additional information, prepare the closing entries. es Complete this question by entering your answers in the tabs below. Required A Required B Use the above account balances along with the additional information, prepare the closing entries. View transaction list Tournal entry workehaat Required A Required B Use the above account balances along with the additional information, prepare the adjusting entries View transaction list Journal entry worksheet 1 2 3 Accrued and unpaid sales salaries amount to $2,000. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal Required previous atte Required A Flequired B Required B Use the above account balances along with the additional information, prepare the closing entries. View transaction list Journal entry worksheet

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