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The following list includes selected permanent accounts

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The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2013, unadjusted trial balance of Emiko Co., a business owned by Kumi Emiko. Use these account balances along with the additional information to journalize 

(a) Adjusting entries (b) Closing entries. Emiko Co. uses a perpetual inventory system.

1826_267-B-A-M-B (1333).png

Additional Information: 

Accrued sales salaries amount to $ 1,700. Prepaid selling expenses of $ 3,000 have expired. A physical count of year end merchandise inventory shows $ 28,450 of goods stillavailable.

Reference no: EM13905601

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