Based on a physical count, the ending merchandise inventory is $67,000 and the unearned revenue at year-end was $4,230..what are the necessary adjusting entries in the following (partial) trial balance?

Account Title Debit Credit

Cash 7,500

Accounts Receivable 17,000

Merchandise Inventory 86,000

Unearned Revenue 20,800

Revenue 193,000

Purchases 82,000

Purchases Discounts 4,100

GENERAL JOURNAL Page 1

DateDescriptionPost Ref.DebitCreditADJUSTING ENTRIESIncome