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ezto.mhe value: 35.00 points The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2015, unadjusted trial balance

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ezto.mhe value: 35.00 points The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2015, unadjusted trial balance of Deacon Co., a business owned by Julie Deacon. Use these account balances along with the additional information to jounalize (a) adjusting entries and (b) entries. Deacon Co. uses a perpetual inventory system. (Omit the "$" sign in your response.) Debit Credit $ 28,000 5,000 2,200 Merchandise inventory Prepaid selling expenses J.Deacon, Withdrawals Sales Sales returns and allowances Sales discounts Cost of goods sold Sales salaries expense Utilities expense $ 429,000 16,500 4,000 211,000 47,000 14,000 35,000 95,000 Selling expenses Administrative expenses Additional Information count of year-end merchandise inventory shows $27,450 of goods still available. Deacon Co, uses a perpetual inventory system. Using the above account balances and the additional information prepare adjusting entries. (Omit the"$ Accrued sales salanes amount to $1,600. Prepaid selling expenses of $2,000 have expired. A physical sign in your response.) Date Dec. 31 General Journal (Click to select) (Click to select) (Click to select) Click to select) (Click to select) (Click to select) Using the above account balances and the additional information prepare closing entries. (Omit the "s

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