The respective normal account balances of Sales Revenue, Sales Returns and Allowances, and Sales Discounts are debit credit debit. O credit debit debit credit credit credit credit debit credit An inexperienced accountant made the following error in recording merchandising transactions. Prepare the correcting entry (You should select at least two from the list below). A $20 credit purchase of supplies was debited to Inventory $200 and credited to A/P $200 Dr. Supplies 20 Cr. Inventory 180 Cr. Inventory 200 Dr. A/P 20 Dr. A/P 180 Prepare the entry to close the sales revenue account at December 31, 2020 (You should select at least two from the list below). The income statement for Hara Co. for the year ended December 31, 2020 is as follows: HARA COMPANY Income Statement For the Year Ended December 31, 2020 Revenues Sales revenue $53,000 Interest revenue 4,000 Total revenues $57.000 Expenses Cost of goods sold 30,000 Salaries and wages expense 18,000 Interest expense 1.500 Total expenses 49.500 Net income $ 7.500 Cr. Sales Revenue 53000 Cr. Income Summary 53000 me Summa 58000 $57.000 Total revenues. Expenses Cost of goods sold. Salaries and wages expense Interest expense Total expenses Net income 30,000 18,000 1.500 49.500 $ 7500 Cr. Sales Revenue 53000 Cr. Income Summary 53000 Dr. Income Summary 53000 Cr. Sales Revenue 57000 Dr. Sales Revenue 53000 Dr. Income Summary 57000