Could someone help me with this?

Flint Company had the following account balances at year-end: Cost of Goods Sold $64,950, Inventory $14,340, Utilities Expense $29,600, Sales Revenue $122.540, Sales Discounts $1,100, and Sales Returns and Allowances $1.970. A physical count of inventory determines that merchandise inventory on hand is $12,520. They use the perpetual inventory system. (a) Your answer is correct. Prepare the adjusting entry necessary as a result of the physical count. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Cost of Goods Sold Inventory Debit 1820 Credit 1820 Prepare closing entries. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Sales Revenue Income Summary (To close accounts with credit balances) Income Summary Utilities Expense Cost of Goods Sold Sales Discounts Sales Returns and Allowances (To close accounts with debit balances) Income Summary Owner's Capital (To close net income / (loss)) Debit 122540 34490 34490 Credit 122540 29600 1820 1100 1970 34490