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Following are Nintendos revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). (Enter answers in millions.) Net sales 1,968,622 Cost
Following are Nintendos revenue and expense accounts for a recent March 31 fiscal year-end (yen in millions). (Enter answers in millions.)
Net sales | 1,968,622 | ||
Cost of sales | 2,004,981 | ||
Advertising expense | 118,508 | ||
Other expense, net | 398,944 | ||
Prepare the company's closing entries for its revenues and its expenses.
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