- ACTION 1070 CognoWV2 Online ebook Closing Entries Using periode inventory Snoom. United Companyia merced and operated by Putra Aer the accounts have been adjusted on January 31, the following selected account balances were taken from the ledger $36.710 34.240 Advertising pense Depreciation Expense Dividends Freight in Inventory, January 1 Inventory. January 31 Miscellaneous Expense 62,140 13,050 3735 455.150 1.769.500 Purchases Purchases Discounts Purchases Returns and Allowances 34.850 47.900 314950 2.234.000 Salaries Expense The estimated cost of merchandise returns from January sales is $20,000 Joule the desing en on r y 31 in the order a presented in the chapter For a compound transaction amount box does not recur v e Bank Sen t ment for Gradin MacBook Air bLFGHJK