Exercise 3-14 Presented below is information related to Gonzales Corporation for the month of January 2014 $63,630 8,960 13,400 372,920 Salaries and wages expense Cost of goods sold Delivery expense Insurance expense Rent expense $204,920 7,300 Sales discounts 13,650 20,360 Sales revenue Sales returns and allowances Prepare the necessary 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)