ACCT2301 Financial summer) 2017 Semester Project row applied for position of accounts Receivaile sapervisor araprestigiom compouy Kournulaanin the l. The following unadou and adyusted trial balances were taken foesthe carrere year's accounting sysrm High Point Inc High Point, lac. Trial Balances For Year Ended December 31 Cali 11300 16 applies 45 1001 26 700 200 Accumulated deprecuation Budding Accounts payable Uncaraod services Eevcaue 72 400 34500 500 Adve sing expense 2000 Sapplaes exeense Totals In general joernal serma, present the sia adjusting entries than explain the dhanges in the accoun balances fum the the adjusted trial balance 2. During physical stock take in one of its sports shops, Severino recorded the following units uni Market yala unit Using the lower of or market luation fr endng inventory, applied separately freach iem ofstock, provare the joursal to adjust the inventory balance, if necessary. had the following purchases