Problem 3-04 The trial balance of Oriole Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Credit ORIOLE FASHION CENTER TRIAL BALANCE NOVEMBER 30, 2020 Debit Cash $33,590 Accounts Receivable 37,270 Inventory 48,570 Supplies 9,070 Equipment 140,140 Accumulated Depreciation Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Sales Revenue Sales Returns and Allowances 4,200 Cost of Goods Sold 495,400 Salaries and Wages Expense 138,240 Advertising Expense 27,720 Utilities Expenses 15,760 Maintenance and Repairs Expense 12,100 Delivery Expense 16,700 Rent Expense 25,320 Totals $1,004,080 $26,640 54,570 52,070 93,570 11,570 765,660 $1,004,080 Liabilities and Stockholders' Equity TCurrent Liabilities Notes Payable Accounts Payable "Interest Payable TTotal Current Liabilities TLong-term Liabilities Notes Payable TTotal Liabilities T Stockholders' Equity Common Stock TRetained Earnings PE TTotal Liabilities and Stockholders' Equity Journalize the closing 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 1. Nov. 30 (To close accounts with credit balances.) 2. Nov. 30 "Income Summary Salaries and Wages Expen: IX TRent Expense Tutilities Expenses T Advertising Expense Delivery Expense (To close accounts with debit balances.) 3. Nov. 30 (To close net income / (loss).)