Check my GL0503 - Based on Problem 5-5A LO C2, P3 The fiscal year-end unadjusted trial balance for Wright Company is found on the trial balance tab Wright Company uses a perpetual Inventory system. It categorizes the following accounts as selling expenses depreciation expense-store equipment, sales salaries expense, rent expense-selling space, store supplies expense advertising expense. It categorizes the remaining expenses as general and administrative Descriptions of items that require adjusting entries on January 31 follow. a. Store supplies still available at fiscal year-end amount to $2,650 b. Expired insurance an administrative expense for the fiscal year is 51760 c. Depreciation expense on store equipment, a selling expense, is $6700 for the fiscal year. d. To estimate shrinkage a physical count of ending merchandise inventory is taken it shows $11000 of inventory is still available at fiscal year-end Dee Single Step Balance Sheet Datos For transactions 1-4 are the required ting journals or transactions 5-8. prepare the required closing entries Jurnal Only WUIKSILEL 1 2 3 4 5 6 7 8 a.) Store supplies still available at fiscal year-end amount to $2,650. Record the required adjusting entry, if any. We Note: Enter debits before credits. Debit Credit Date Jan 31 Account Title Store supplies expense Store supplies Record entry Clear entry View general Journal