Descriptions of items that require adjusting entries on January 31 follow. A. Store supplies still available at fiscal year-end amount to $3,200. b. Expired Insurance, an administrative expense, for the fiscal year is $1,980. c. Depreciation expense on store equipment, a selling expense, is $6,800 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $11.840 of inventory is still available at fiscal year-end General Journal Requirement General Ledger Multiple Step Single Step 15 Balance Sheet Trial Balance Ratios For transactions. 1-4. Prepare the required adjusting journal entries. For transactions - Prepare the required closing entries View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 a.) Store supplies still available at fiscal year end amount to $3,200. Record the required adjusting entry, if any. Note: Enter debits before credits Date Account Title Debit Credit Jan 31