Journalize the necessary adjusting entries for the following (partial) trial balance. Based on a physical count, the ending merchandise inventory is $67,000. Unearned revenue at year-end was $4,230.

Account TitleDebitCredit Cash7,500 Accounts Receivable17,000 Merchandise Inventory86,000 Unearned Revenue 20,800 Revenue 193,000 Purchases 82,000 Purchases Discounts 4,100

GENERAL JOURNALPage 1

Date Description Post Ref. Debit Credit