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: $443,000 Accumulated Depreciation-Building Administrative Expenses Building Peter Bronsky, Capital Peter Bronsky, Drawing $644,000 534,000 18,000 984,000 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 19,000 Store Supplies Store Supplies Expense Merchandise Inventory Notes Payable 140,000 25,500 121,000 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 Sales 1.745.000 4,000 Administrative Expenses Cost of Merchandise Sold Interest Expense 941,000 7.000 Selling Expenses 195.000 Prepare the July 31, 2017, dosing entries for Yang Interiors Company. If an amount box does not require an entry, leave it blank July 31 Sales 1,745,000 534,000 Administrative Expenses Cost of Merchandise Sold Interest Expense 941.000 7.000 Selling Expenses Store Supplies Expense 194,000 25,500 Cash X 1.701.500 X July 31 Peter Bronsky, Capital 43,500 X Peter Bronsky, Drawing 18.000