Prepare the closing entries for the sales Revenue account, assuming a balance of $240,000 and the cost of Goods Sold account with a $174,000 balance, Two closing entries are required (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) No. Account Titles and Explanation Debit Credit (1) Sales Revenue 240000 Income Summary 240000 (2) Cost of Goods Sold 174000 Income Summary 174000 Hitach war for this stinn Ooon Show Work