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(b) Prepare separate closing entries for (1) sales revenue, and (2) the contra accounts to sales revenue (Credit account titles are automatically indented when amount

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(b) Prepare separate closing entries for (1) sales revenue, and (2) the contra accounts to sales revenue (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) No. Date Account Titles and Explanation Debit Credit 1. Oct. 31 2. Oct. 31 SAVE FOR LATER SUBMIT ANSWER Attempts: 0 of 3 used LUS andere laneancements Weygandt, Financial and Managerial, 3e BACE NEET CALCULATOR PRINTER VERSION CES Exercise 5-06 -b (Part Level Submission) The adjusted trial balance of Concord Corporation shows the following data pertaining to sales at the end of its fiscal year October 31, 2020: Sales Revenue $851,300, Freight-Out $16,400, Sales Returns and Allowances $28,400, and Sales Discounts $13,900

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