What accounting principle(s) cause a company to prepare closing journal entries? Multiple Choice Matching Principle and Going Concem Periodicity Entity Concept C) Accrual Principle and Historical Cost Katy's Boutique sells high-end clothing and accessories and had the following information in its ledger for the month of September, 2020. Sales Revenue $ 310,000 Freight-In 8,500 Sales Discounts 6,000 Cost of Goods Sold 98.400 Merchandise Inventory 103.000 Sales Returns 17100 Freight Out 3.800 What are Net Sales for the month of September? Multiple Choice $286.900 Oo oo O $310,400 O $202,600 Multiple Choice O $286.900 O $210,00 $299,000 $304,000