Prepare separate closing entries for (1) sales revenue, and (2) the contra accounts to sales revenue. (List all debit entries before credit 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 824700 1. Oct. 31 Sales Revenue Income Summary 2 31. Sales Returns and Allowances 30000 Sales Discounts 19600 Income Summary 82470 49600 The adjusted trial balance of Sheridan Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2022: Sales Revenue $824,700, Freight-Out $16,400, Sales Returns and Allowances $30,000, and Sales Discounts $19,600