3 The following list includes selected permanent accounts and all of the temporary accounts from the December 3 uradjusted tris balance of Emiko Co, a business owned by Kumi Emiko, Emko Couses a perpetual inventory system Debit $32.000 6,000 Merchandise Inventory Prepaid selling expenses Dividends Sales Sales retures and allowances Sales discounts Cost of goods sold Sales salaries expense utilities expense Selling expenses Administrative expenses $$45.00 18,30 5,400 220,000 52,000 17.000 38.000 199,000 Additional Information Accrued and unpaid sales salaries amount to $1600. Prepaid seling expenses of $3,400 have ed Aphy court of year end merchandise inventory is taken to determine shrinkage and shows $29.900 of goods still (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 Complete this question by entering your answers in the tabs below Required A Required Use the above account balances along with the additional information, prepare the adjusting entries View ansactions Journal entry worksheet