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The adjusted trial balance of Splish Company shows the following data pertaining to sales at the end of its fiscal year, October 3 1 ,
The adjusted trial balance of Splish Company shows the following data pertaining to sales at the end of its fiscal year,
October : Sales Revenue $ Delivery Expense $ Sales Returns and Allowances $ and
Sales Discounts $
a Prepare the revenues section of the income statement.
b Prepare separate closing entries for sales and 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 for the amounts. List all debit entries before credit entries.
No
Account Titles and Explanation
Debit
Credit
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