s The fiscal year-end unadjusted trial balance for Griffin Company is found on the trial balance tab. Rent expense and salaries expense are equally divided between selling activities and general and administrative activities. Griffin 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 $2,500. b. Expired insurance, an administrative expense, for the fiscal year is $1,700. c. Depreciation expense on store equipment, a selling expense, is $6,400 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,720 of inventory is still available at fiscal year-end. Requirement General Journal General Ledger Trial Balance IS Multiple Step Single Step IS Balance Sheet Ratios For transactions 1-4 prepare the required adjusting journal entries. For transactions 5-8, prepare the required closing entries. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Store supplies still available at fiscal year-end amount to $2,500. Note: Enter debits before credits. Date January 31 Account Title Debit Credit