Closing Entries

At December $31,2020,$ Whit Whitty$$s Corporation nominal accounts had the following balances:$-305$

Retained Earnings $$225,000,405$ Income Summary $$0,505$ Sales $$150,000,605$ Expenses $$70,000.$

Instructions:

Open T accounts and record and balance the T Accounts

Close all nominal accounts $($use page $1$ of the general journal$)$