What are the adjusting entry's for:

Inventory of $45000

1. 1/31/2019 Inventory remaining on hand at 1/31/2019 had a cost of $21,000 and sales value of $42,000.

2.NewCo's payroll for the period 1/21/2019 to 1/31/2019 is due, with salaries and wages of $12,000 and employer taxes of $1,200.

3.

1/1/2019 NewCo paid $3,000 for a one-year liabilitiy insurance policy with a term from 2/1/2019 to 1/31/2020.

1/31/19 Adjust prepaid insurance, with prepaid insurance at 1/31/2019 of $2,500.