The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2018, unadjusted trial balance of Emiko Co.. Emiko Co. uses a perpetual inventory system.

The following list Includes selected permanent accounts and all of the temporary accounts from the December 31, 2018, unadjusted trial balance of Emiko Co. Em ko Co. uses a perpetual Inventory system. $ 38,000 inventory Prepaid selling 7,200 49,000 Dividends Sales snes returns Ind allowances Sales discounts Cost of goods sold 244,000 $593, 000 20,700 6,600 54,000 expenGc utilities expense selling expenses Adninistrative expenaes 23,000 44,000 121,000 Accrued sales salaries amount to $1,400. Prepaid selling expenses of $2,500 have expired. A physical count of year- end merchandise Inventory shows $33,500 of goods l 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 add tional in'ormation, prepare the closing entries. Complete this question by entering your answers in the tabs below Required Required Use the above account balances along with the additional information, prepare the adjusting entries View transaction list Journal entry worksheet Accrued sales salaries amount to $1,400 Note: Enter debits before credits. Credit ate Dec 31 Record entry Clear entry View general journal Required 1 Required 2>