[The following information applies to the questions displayed below.] The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Nelson company uses a perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation Expense-Store Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and Advertising Expense, It categorizes the remaining expenses as general and administrative. Additional Information: a. Store supplies still available at fiscal year-end amount to $2,600. b. Exnired insurance, an administrative exoense. is $1.700 for the fiscal vear Additional Information: a. Store supplies still available at fiscal year-end amount to $2,600. b. Expired insurance, an administrative expense, is $1,700 for the fiscal year: c. Depreciation expense on store equipment, a selling expense, is $1,700 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,000 of inventory is still available at fiscal year-end. Required: 1. Using the above information, prepare adjusting journal entries. 2. Prepare a multiple-step income statement for the year ended January 31 . 3. Prepare a single-step income statement for the year ended January 31 . Complete this question by entering your answers in the tabs below. Using the above information, prepare adjusting journal entries. Journal entry worksheet Store supplies still available at fiscal year-end amount to $2,600