The following end-of-year Information is from the accounting records of Sow-bag Company Cost of Goods Sold $1040 Long term Debt 1.173 670 Inventory BO 750 150 Rent Revenue Contributed Capital Cash Wages Expense Unearned Rent Revenue Sales Revenue Wages Payable Retained Earnings (beginning) Accounts Receivable 21 830 29 188 210 Accounts Payable 100 50 40 Dividends Prepaid Insurance Expense Insurance Expense Equipment Which ONE of the following would appear in the closing entries for the year? 180 750 O A DEDIT to inventory for $670 O A CREDIT to nue for 5830 O A DEDIT to Coutods Sold for $1.040 O A CREDIT to Insurance Expense for 5150 O A CREDIT to Accounts Payable for $100