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. Debit $ 51,000 Credit $ 601,000 K. Emiko, Withdrawals Sales Sales returns and allowances Sales discounts Cost of goods sold Sales salaries expense Utilities expense Selling expenses Administrative expenses 21,100 6,800 248,000 66,000 24,000 45,000 123,000 View transaction list X 1 Record closing of credit balances in temporary accounts. 2 Record closing of debit balances in temporary accounts. 3 Record closing of income summary account. 4 Record closing of Withdrawals account. Credit Note : = journal entry has been entered Record entry Clear entry View general journal