Exercise 3-14 Presented below is information related to Swifty Corporation for the month of January 2020. Cost of goods sold Delivery expense Insurance expense Rent expense $192,390 7,620 11,850 18,830 Salaries and wages expense Sales discounts Sales returns and allowances Sales revenue $65,800 8,440 12,030 340,500 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.) No. Date Account Titles and Explanation Debit Credit 1. Jan. 31 (To close revenue accounts) 2. Jan. 31 (To close expense accounts) 3. Jan. 31 (To close net income / (loss))