The fiscal year-end unadjusted trial balance for Brown Company is found on the trial balance tab. Rent expense and salaries expense are equally divided between selling activities and general and administrative activities. Brown 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 $1,800. b. Expired insurance, an administrative expense, for the fiscal year is $1,420. c. Depreciation expense on store equipment, a selling expense, is $6,000 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $9,590 of inventory is still available at fiscal year-end. Requirement General Journal General Ledger Trial Balance 15 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 View journal entry worksheet No Date Account Title 1 January 31 Store supplies expense Debit Credit 1,800 Store supplies 1,800 2 January 31 Insurance expense Prepaid insurance 1,420 1,420 3 January 31 Depreciation expense-Store equip. 6,000 PARA