The following unadjusted trlal balance is prepared at fiscal year-end for Nelson Company. Nelson Company uses a perpetual Inventory system. It categorizes the following accounts as seling expenses: Depreciation Expense-Store Equipment, Sales Salanes 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 avaliable at fscal year-end amount to $1,750 b. Explred insurance, an administrative expense. is $1,400 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscai year. d. Th estimate shrinkanp a nhwsical roiint of endinn merrhandice inventorv is taken it shnwes $10900 of inventon is Using the above information, prepare adjusting journal entries. 1 Store supplies still available at fiscal year-end amount to $1,750. 2 Expired insurance, an administrative expense, is $1,400 for the fiscal year. 3 Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year. 0. Store supplies still avallable at fiscal year-end amount to $1,750. b. Explred insurance, an administrative expense, is $1,400 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,900 of inventory is still avallable at fiscal year-end. 4. Compute the current ratio, acid-test ratio, ond gross margin ratio as of January 31 Note: Round your answers to 2 decimal places. a. Store supplles still avallable at fiscal year-end amount to $1,750. b. Expired insurance, an administrative expense, is $1,400 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,525 for the fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,900 of inventory is still avallable at fiscal year-end