The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2017, unadjusted trial balance of Emiko Co.. Emiko Co. uses a perpetual inventory system. ed Debit Credit Merchandise inventory $ 30,000 Prepaid selling expenses Dividends 5,600 33,000 ok Sales $529,000 Sales returns and allowances 17,500 t Sales discounts 5,000 Cost of goods sold 212,000 nt Sales salaries expense 48,000 Utilities expense 15,000 ences Selling expenses 36,000 Administrative expenses 105,000 Additional Information Accrued sales salaries amount to $1,700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandise Inventory shows $28,700 of goods still available. (a) Use the above account balances along with the additional information, prepare the adjusting entries. (b) Use the above account balances along with the additional information, prepare the closing entries. Complete this question by entering your answers in the tabs below. Required 1 Required 2