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[[[ Only wants INCOME STATEMENT Based on the data pres using the $ Amount Presented. Prepare a Income Statement Oo Not SUBMI CIOSING ENTRIES EX

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Only wants INCOME STATEMENT

Based on the data pres using the $ Amount Presented. Prepare a Income Statement Oo Not SUBMI CIOSING ENTRIES EX 6-30 Closing entries On July 31, 2047, the balances of the accounts appearing in the ledger of Yang Interiors Company, a furniture wholesaler, are as follows: Accumulated Depr.- Building Administrative Expenses Building Cash Cost of Merchandise Sold Interest Expense Merchandise Inventory Notes Payable $443,000 534,000 984,000 95,000 941,000 7,000 140,000 121,000 Peter Bronsky, Capital Peter Bronsky, Drawing Sales Sales Tax Payable Selling Expenses Store Supplies Store Supplies Expense $ 644,000 18,000 1,745,000 4,500 194,000 19,000 25,500 Prepare the July 31, 2017, closing entries for Yang Interiors Company

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