Please help with the incorrect answers. Please solve. Thanks!

Incorrect on Left hand side: Dividends and Miscellaneous Expenses

Incorrect on Right Hand Side: Income summary debit value, dividends credit value, and miscellaneous expenses value

Please solve for the above inccorect cells, the remaining values and journal entries are correct

All of the left hand side is correct.

Iccorect on Right Hand Side: credit and debit values for both.

Please solve for the above inccorect cells.

Valley Company's adjusted account balances from its general ledger on August 31, its fiscal year-end, follows. It categorizes the following accounts as selling expenses: sales salaries expense, rent expense-selling space, store supplies expense, and advertising expense. It categorizes the remaining expenses as general and administrative. Debit Credit Adjusted Account Balances Merchandise inventory (ending) Other (non-inventory) assets Total liabilities Common stock $ 40,500 162,000 $ 46,778 78,547 Retained earnings Dividends 54,518 8,000 Sales 277,020 Sales discounts 4,238 18,283 Sales returns and allowances Cost of goods sold 106,939 Sales salaries expense 37,952 13,020 3,324 23,547 Rent expense-Selling space Store supplies expense Advertising expense office salaries expense Rent expense-office space office supplies expense Totals 34,628 3,324 1,108 $ 456,863 $ 456,863 Beginning merchandise inventory was $32,684. Supplementary records of merchandising activities for the year ended August 31 reveal the following itemized costs. Invoice cost of merchandise purchases $ 119,070 Purchases discounts received 2,500 Purchases returns and allowances 5,715 Costs of transportation-in 3,900