answer part 1 and 2

The following list includes selected permanent accounts and all of the temporary accounts from the December 31 unadjusted trial balance of Emiko Co, a business owned by Kumi Emiko. Emiko Co uses a perpetual Inventory system Debit Credit Merchandise inventory $ 33,000 Prepaid selling expenses Dividends 6.200 39,000 Salee $553,000 Sales returns and allowances 10,700 Sales discounts 5,600 Cost of goods sold 224,000 $4,000 Sales salaries expense Utilities expose Selling expenses 19,000 Administrative expenses 39,000 111,000 Additional Information Accrued and unpaid sales salaries amount to $1,800. Prepaid selling expenses of $3,600 have expired. A physical count of year-end merchandise inventory is taken to determine shrinkage and shows $30.500 of goods still available. kes (a) Use the above account balances along with the additional information, prepare the adjusting entries. (b) Use the above account balances along with the additional information, prepare the closing entries. Complete this question by entering your answers in the tabs below. Required A Required Use the above account balances along with the additional information, prepare the adjusting entries. View transaction t Journal entry worksheet Accrued and unpaid sales salaries amount to $1.500. er det b Date Debit Chat Dec 31 Recr View general al Required >