eBook Closing entries; net income On March 31, 20Y9, the balances of the accounts appearing in the ledger of Royal Furnishings, a furniture store, are as follows: Accounts Receivable. Accumulated Depreciation-Building Administrative Expenses Building Cash Cost of Goods Sold Interest Expense Inventory Notes Payable Office Supplies Pedro Dellas, Capital Pedro Dellas, Drawing Salaries Payable Sales Selling Expenses Store Supplies $170,000 750,000 435,000 3,500,000 80,000 5,500,000 15,000 $980,000 250,000 20,000 2,287,000 175,000 8,000 8,245,000 575,000 90,000 Journalize the closing entries. If an amount box does not require an entry, leave it blank. 20Y9 Mar. 31

Closing entries; net income On March 31, 20Y9, the balances of the accounts appearing in the ledger of Royal Furnishings, a furniture store, are as follows: Journalize the closing entries. If an amount box does not require an entry, leave it blank