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Closing entries EX 6-30 Closing entries On July 31, 2019, the balances of the accounts appearing in the ledger of Serbian Interiors Company, a furniture

Closing entries
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EX 6-30 Closing entries On July 31, 2019, the balances of the accounts appearing in the ledger of Serbian Interiors Company, a furniture wholesaler, are as follows: OBJ. 4 530,000 15,000 1,437,000 4,500 160,000 16,000 21,500 Peter Bronsky, Capital Accumulated Depr.-Building Administrative Expenses Building Cash Cost of Merchandise Sold Interest Expense Merchandise Inventory Notes Payable $365,000 440,000 Peter Bronsky, Drawing 810,000 Sales 78,000 775,000 6,000 115,000 100,000 Sales Tax Payable Selling Expenses Store Supplies Store Supplies Expense Prepare the July 31, 2019, closing entries for Serbian Interiors Company

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