(mainly need help for journal entry) GLO403 (Algo) - Based on Problem 4-5A LO A1, P3, P4 The fiscal year-end unadjusted trial balance for Lee Company is found on the trial balance tab. Rent expense and salaries expense are equally divided between selling activities and general and administrative activities. Lee Company uses a perpetual inventory system. Descriptions of items that require adjusting entries on January 31, 2019, follow. a. Store supplies still available at fiscal year-end amount to $2,250. b. Expired insurance, an administrative expense, for the fiscal year is $1,600. c. Depreciation expense on store equipment, a selling expense, is $6,900 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,430 of inventory is still available at fiscal year-end. General Journal General Ledger Multiple Step IS For transactions 1-4 prepare the required adjusting journal entries. For transactions 5-8, prepare the required closing entries. Requirement View transaction list Journal entry worksheet

GLU40S (Algo) - Based on Problem 4.5A LO A1, P3, P4 The fiscal year-end unadjusted trial balance for Lee Company is found on the trial balance tab Rent expense and salaries expense ore equally divided between selling octlvitles and general and odministrotive activities. Lee Company uses a perpetual inventory system. Descriptions of items that require adjusting entries on January 31, 2019, follow. 0. Store supplies still available at fiscal year-end amount to $2,250 b. Expired insurance, an administrative expense, for the fiscal year is $1,600 c. Depreciation expense on store equipment, a selling expense, is $6,900 for the fiscal yeat. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,430 of inventory is still available at fiscal year-end. For transactions 1-4 prepare the required adjusting journaf entries. For transactions 5-8, prepare the required closing entries, Journal entry worksheet 3 4 5 6 7 B Store supplies still avaliable at fiscal year-end amount to $2,250. Note: Enter debits before credits