Following are Nintendo?s revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions).

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Following are Nintendo?s revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). Prepare the company?s closing entries for its revenues and its expenses.

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Financial Accounting Information for Decisions

ISBN: 978-1259917042

9th edition

Authors: John J. Wild

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Question Posted: Nov 12, 2019 11:56 AM

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Following are Nintendo?s revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions).

Question:

Net sales... Cost of sales.... Advertising expense.. Other expense, net.. ¥504,459 283,494 46,636 157,811

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Mar 31 Net Sales 504459 Income Summary 504459 Close revenue ...View the full answer

Financial Accounting Information for Decisions

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