From the data below for the Sorta Company, prepare the closing entries for the year ended December 31, 20-- Cash dividends $105,000 Sales Sales returns and allowances Interest revenue 987,000 5,200 3,700 Factory overhead (debit) 205,300 Factory overhead (credit) 205,300 Cost of goods sold 674,200 Wages expense 112,000 Supplies expense 5,300 Depreciation expense-office equipment 4,200 Utilities expense 5,700 Bad debt expense 1,300 Advertising expense Interest expense Income tax expense 6,300 4,700 61,950 Dat GENERAL JOURNAL I Description Page 1 Post Ref. Debit Credit