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Current Attempt in Progress Your answer is partially correct. Pharoah has year-end account balances of Sales Revenue $843,779, Interest Revenue $12,160, Cost of Goods
Current Attempt in Progress Your answer is partially correct. Pharoah has year-end account balances of Sales Revenue $843,779, Interest Revenue $12,160, Cost of Goods Sold $531,052, Administrative Expenses $177,930, Income Tax Expense $36,772, and Dividends $17.793. Prepare the year-end closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) No. Account Titles and Explanation Debit Credit 1 Sales Revenue Interest Revenue Income Summary (To close revenue accounts.) 2 Income Summary Cost of Goods Sold Administrative Expenses Income Tax Expense Interest Revenue 843779 12160 855939 531052 177930 36772
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