journalize the adjusting entries

4. At the end of May, the following adjustment data were assembled. Analyze and use these data to complete (5) and (6). Merchandise inventory on May 31, $570,000 Insurance expired during the year, $12,000 Store supplies on hand on May 31, $4,000 Depreciation for the current year, $14,000 Accrued salaries on May 31: Sales salaries, $7,000 Office salaries, $6,600 Total accrued salaries: $13,600 The adjustment for customer returns and allowances is $60,000 for sales and $35,000 for cost of merchandise sold