Check The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2018, unadjusted trial balance of Emiko Co..Emiko Co. uses a perpetual inventory system. DebitCredit Merchandise inventory Prepaid selling expenses Dividends Sales Sales returns and allowances Sales discounts Cost of goods sold Sales salaries expense Utilities expense Selling expenses Administrative expenses $ 31, 000 5,800 5, 000 $537,000 17,900 5, 200 216, 000 50, 000 16, 000 37, 000 107, 000 Additional Information Accrued s inventory shows $29,300 of goods still available. mount to $1.400.Prepaid selling expenses of s3,.200 have expired. A physical count of year end merchandise year-end Use the above account balances along with the additional information, prepare the adjusting entries (a) (b) Use the above account balances along with the additional information, prepare the closing entries