Journalize the necessary adjusting entries for the following (partial) trial balance. Based on a physical count, the

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Question:

Journalize the necessary adjusting entries for the following (partial) trial balance. Based on a physical count, the ending merchandise inventory is $67,000. Unearned revenue at year-end was $4,230.

Account Title	Debit	Credit
Cash	7,500
Accounts Receivable	17,000
Merchandise Inventory	86,000
Unearned Revenue		20,800
Revenue		193,000
Purchases	82,000
Purchases Discounts		4,100