adjusting entries for merchandise inventory

In the General Ledger module, select General Journal under the Tasks menu on the top menu bar, to record the adjusting entries for the following adjustment information shown in the End-of-Fiscal-Period. Enter Adj. Ent. in the Refer. column of each journal entry. End-of-Fiscal-Period Adjustment Information, December 31 Uncollectible accounts expense is estimated at 0.25% of sales on account. Sales on account for the year equal $117,816.37. - Merchandise inventory. $575,021.45 Office supplies inventory. $456.06 - Store supplies inventory. S] 600.00 in the End-of-Fiscal-Period. Enter Adj. Ent. in the Refer. column of each journal entry. End-of-Fiscal-Period Adjustment Information, December 31 Uncollectible accounts expense is estimated at 0.25% of sales on account. Sales on account for the year equal $117,816.37 Merchandise inventory. $575,021.45 - Office supplies inventory. $456.06 - Store supplies inventory. $1,600.00 Value of prepaid insurance: \$2,720.00 Annual depreciation expenseoffice equipment: $5,6 N. 00 Annual depreciation expensestore equipment: $5,118.25 Trial Balance Authentic Threads