The adjusted trial balance of Skysong Company shows the following data pertaining to sales at the end of its fiscal year, October 31, 2020: Sales Revenue $844,700, Delivery Expense $10,830, Sales Returns and Allowances $23,680, and Sales Discounts $12,980.

Prepare the revenues section of the income statement.

SKYSONG COMPANY Income Statement October 31, 2020For the Year Ended October 31, 2020For the Quarter Ended October 31, 2020
DividendsExpensesNet Income / (Loss)Net SalesRetained Earnings, November 1, 2016Retained Earnings, October 31, 2017RevenuesSales RevenueTotal ExpensesTotal Revenues		$
AddLess:
	$
DividendsExpensesNet Income / (Loss)Net SalesRetained Earnings, November 1, 2016Retained Earnings, October 31, 2017RevenuesSales RevenueTotal ExpensesTotal Revenues		$

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List of Accounts

Prepare separate closing entries for (1) sales and (2) the contra accounts to sales. (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 0 for the amounts.)

No.	Account Titles and Explanation	Debit	Credit
1.
2.