Check my werk The following list includes selected permanent accounts and all of the tomporary accounts from the December 31 unadjusted triai balance of Emko Co, a business owned by Kumi Emiko. Emko Co uses a perpetual inventory system. Credit Debit $ 35,000 5,600 43,000 5569.000 Merchandise inventory Prepaid selling expenses Dividends Sates Sales returns and allowances Sales discounts Cost of goods sold Sales salaries expense Utilities expense Selling expenses Administrative expenses 19,500 6,000 232,000 58,000 20,000 41.000 115,000 Additional Information Accrued and unpaid solos solares amount to $2,200. Prepaid selling expenses of $4.000 have expired. A physical count of year-end merchandise inventory is taken to determine shrinkage and shows $31700 of goods still available (a) Use the above account balances along with the additional information, prepare the adjusting entries (b) Use the above account balances along with the additional information, prepare the closing entries Complete this question by entering your answers in the tabs below. Required a Required B Use the above account balances along with the additional information, prepare the adjusting entries View transaction list Required A Required B Use the above account balances along with the additional information, prepare the adjusting entries. View transaction list Journal entry worksheet Accrued and unpaid sales salaries amount to $2,200. Note: Enter debits before credits Debit Credit Dato General Journal Dec 31 View general Journal Clear entry Record entry Required A Required B Use the above account balances along with the additional Information, prepare the adjusting entries. View transaction list Journal entry worksheet 1 3 3 > Prepaid selling expenses of $4,000 have expired. Note: Enter debits before credits. Debit Credit Date General Journal Dec 31 View general journal Clear entry Record entry C! Required A Required B Use the above account balances along with the additional information, prepare the adjusting entries. View transaction list Journal entry worksheet 1 2 % A physical count of year-end merchandise inventory is taken to determine shrinkage and shows $31,700 of goods still available. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 View general Journal Clear entry Record entry 4 of 6 Required A Required B Use the above account balances along with the additional information, prepare the closing entries. View transaction list Journal entry worksheet Record closing of credit balances in temporary accounts. Note: Enter debits before credits Debit General Journal Date Credit Dec 31 View general journal Clear entry Record entry Required A Required B Use the above account balances along with the additional information, prepare the closing entries. View transaction list Journal entry worksheet
