The following list includes temporary accounts from the December $31$ adjusted trial balance of Emiko Company. Use these normal account balances to journalize closing entries.

$\backslash$table$[[,$Debit,Credit$],[$K$.$ Emiko, Withdrawals,$$33,000,],[$Sales$,17,500,],[$Sales returns and allowances,$529,000,],[$Sales discounts,$213,300,],[$Cost of goods sold,$49,700,],[$Sales salaries expense,$15,000,],[$Utilities expense,$39,000,],[$Selling expenses,$105,000,],[$Administrative expenses,,$]]$

Journal entry worksheet

$1$

$2$

$3$

$4$

Record closing of credit balances in temporary accounts.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$December $31,,,],[,,,]]$