Closing Entries On July 31, 2017, the balances of the accounts appearing in the ledger of Yang Interiors Company, a furniture wholesaler, are as follows: Accumulated Depreciation-Building $443,000 Peter Bronsky, Capital $644,000 Administrative Expenses 534,000 Peter Bronsky, Drawing 18,000 Building 984,000 Sales 1,745,000 Cash 95,000 Sales Tax Payable 4,500 Cost of Merchandise Sold 941,000 Selling Expenses 194,000 Interest Expense 7,000 Store Supplies 19,000 Merchandise Inventory 140,000 Store Supplies Expense 25,500 Notes Payable 121,000 Prepare the July 31, 2017, closing entries for Yang Interiors Company. If an amount box does not require an entry, leave it blank. July 31 July 31