Business

35 - Journalize the necessary adjusting entries for the following (partial) trial balance. Based on a physical count, the ending merchandise inventory is $67,000. Unearned revenue at year-end was $4,230 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