Utilities Expense $33,020, Sales Revenue 5110,730 , 5ales Oiscounts $1.140, and Sales Retums and Allowances $1.700. A physical count of inventory determines that merchandiso insentory on tund is $12,850. Ther une the perpetual inventorysstem. (2) Prepare the adfusting eotry necessary as a resalt of the physical count, 1 ist all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent " manualir. If no entry is reguired, select "No Entry" for the account tities and enter o for the omounts.) Prepareclosing entries, (List all debit entries before credit entries. Credit account tities are outomatically indented when amount is entered. Do not indent monually. If no entry is required, select "No Entry" for the occount tities and enter o for the omounts.)