P. Cengage Learning Cengage Learning /manualGrading/previewinwindow.html Calculator 0.85 Selected accounts and amounts appear below. 1.00 Inventory $50,036 Cost of Goods Sold 501,156 Journalize the closing entry, assuming a perpetual inventory system. Sales y 451.120 1.00 0.83 Income Summa 0.42 0.94 1.00 0.85 1.00 1.00 0.33 1.00 1.00 0.00 100