The adjusted trial balance of Zambrana Company shows the followingdata pertaining to sales at the end of its fical year October 31,2010: Sales $800,000, Freight-out $16,000, Sales Returns andAllowances $25,000, and Sales Discounts $15,000.

Instructions:

(a) Prepare the sales revenues section of the income statement.

(b) Prepare separate closing entries for (1) sales, and (2) thecontra accounts to sales.

Please Show All Work, Thank You