Book CIOsing Entries Instructions Chart of Accounts Journal Journal Instructions On July 31, 2047, the balances of the accounts appearing in the ledger of Yang Interiors Company, a furniture wholesaler, are as follows $443,000 Accumulated Depreciation-Building Administrative Expenses Building 534,000 984,000 95,000 Cash 041,000 7.000 140,000 Cost of Merchandise Sold Interest Expense Merchandise Inventory Notes Payable Peter Bronsky, Capital Poter Bronsky, Drawing Sales Sales Tax Payable Selling Expenses Store Supplies Store Supplies Expense 121.000 144,000 18.000 1.745.000 4,500 104.000 10.000 25,500 Required: Prepare the July 31, 2017, closing entries for Yoig Interiors Company Refer to the chart of accounts for the exact wording of the CNOW Juma's do not use lines for journal explanations. Every ine on a journal page is used for debitor crediterries CNOW omaw automatically indent a credit entry when a credit amount is an area Previous Check My Work Save and EO Submit A for Grading Emal instructor All work saved. WLOON My Home eBook CengageCW2 Online Saching and learning resource CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debitor credif entries. CNOWJournals will automatically indent a credit entry when a credit arount is entered. Chart of Accounts CHART OF ACCOUNTS Yang Interiors Company General Ledger REVENUE 410 Sales ASSETS 110 Cash 130 Merchandise Inventory 141 Store Suppies 190 Guiding 191 Accumulated Depreciation-Bulding EXPENSES 610 Cost of Merchandise Gold 523 Depreciation Expense 534 Store Supplies Expense 539 Seling Expenses 540 Administrative Expenses 710 interest Expense LIABILITIES 218 Sales Tax Payable 221 Notes Payable EQUITY 310 Peter Bronsky, Capital 311 Peter Bronsky, Drawing Previous NON Check My Work Emainstructor All work saved CengageNOW2 Online teaching and learning eBook 311 Peter Bronsky, Drawing Journal Prepare the July 31, 2017, closing entries for Yang Interiors Company Refer to the chart of accounts for the exact wording of the account CNOWomas do not use it for pur/ explanations. Every Nine on a journal page is used for debit or credit antrios. CNOW journals wir automatically indone a credit anty where a credit amount is entered BETO JOURNAL ACCOUNTING EQUATION DATE POSTER DET CREDIT AM LUNG DESCRIPTIOH Closing Entries Previous Next > Check My Work Sunt Anger Emain All work saved