Professional Documents
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The Following List Includes Selected Permanent Accounts and All of
The Following List Includes Selected Permanent Accounts and All of
The Following List Includes Selected Permanent Accounts and All of
and all of
The following list includes selected permanent accounts and all of
The following list includes selected permanent accounts and all of the temporary accounts
from the December 31, 2017, 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.
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 $28,700 of goods still available.