EDGAR: BJ$\text{'}$s Wholesale Club Holdings, Incorporated $($ticker: BJ$)$

Visit

www$.$sec$.$gov and search for the BJ$\text{'}$s Wholesale annual report $(10-$K$)$ for the year ended January $28,2023,$ using EDGAR. Search

or scroll within the annual report to find the balance sheet, labeled "Consolidated Balance Sheets."

Required:

For simplicity, assume the entire amount reported for "Prepaid expenses and other current assets" represents the balance of the

Supplies account. If the year$-$end balance of the Supplies account prior to any adjustment is $$200,000($in thousands$),$ determine

the adjustment that was made to Supplies $($and Supplies Expense$)$ at the end of the current year and compute the adjusted

balances of the related accounts.

For simplicity, assume that $10\%$ of the amount reported for "Accrued expenses and other current liabilities" represents the

balance of the Salaries Payable account $($rounded to the nearest dollar$).$ Assuming all salaries from the previous year were paid

in full and Salaries Expense was $$600,000$ prior to adjustment, determine the adjustment that was made to Salaries Payable $($and

Salaries Expense$)$ at the end of the current year and compute the adjusted balances of the related accounts.

Complete this question by entering your answers in the tabs below.

Required $1$

Requfred $2$

For simplicity, assume that $10\%$ of the amount reported for "Accrued expenses and other current liabilities" represents the

balance of the Salaries Payable account $($rounded to the nearest dollar$).$ Assuming all salaries from the previous year were

paid in full and Salaries Expense was $$600,000$ prior to adjustment, determine the adjustment that was made to Salaries

Payable $($and Salaries Expense$)$ at the end of the current year and compute the adjusted balances of the related accounts.

Note: Enter your answers in thousands of dollars rounded to the nearest whole dollar.