Accounting Procedures Review Part C: Closing Journal Entries The accounts of Bison Electronics Company are listed along with their adjusted balances before dosing for the month ended June 30, 2021. Prepare the closing journal entries in the journal below. Prepaid Expenses 0,200 Accounts payable 316,760 Inventory 39,000 Accounts receivable 22.000 Note Payable, Long-Term 16,000 Accumulated depreciation 37,700 Salary Payable 2,700 Bison, Capital, June 1 54,100 Supplies Expense 2,500 son, Owner Withdrawals 20,000 Depreciation Expense 7,500 Cash 1,000 Sales Revenue 150,000 Cest of Goods Sold 170,000 Rent Expense 3,000 Equipment 135,200 Supplies 6000 Salaries Expense 6530900 Unearned Sales Revenue 13.900 Notes Payable, Short-Term 1,200 Sales Returns & Allowances 17.500 Sales Discounts 3,500 Date Account Name Debit Credit