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12 Exercise 3-8 Preparing closing entries LO P4 1 points Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end (yen
12 Exercise 3-8 Preparing closing entries LO P4 1 points Following are Nintendo's revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). (Enter answers in millions.) eBook Net sales Cost of sales Advertising expense Other expense, net 549,780 335, 196 54,834 117,907 Print Prepare the company's closing entries for its revenues and its expenses. References View transaction list Journal entry worksheet Record the closure of expense accounts. Note: Enter debits before credits. General Journal Debit Credit Date March 31 Record entry Clear entry View general journal
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