Wilo Murn the event has been court het date.com Nob302002, the owing to set in two Ut 535 000 Nos parte 135.000 $35.400 31.000 46.000 25.000 $25.400 31.000 35.000 25.000 500.000 5.700 WACO 10.000 10.200 400 10.000 A AR Art Cath Cast of Good Sold Freight-Out Equiment Depreciation Expense Inace Expense 2.500 500.000 5.700 2.500 Owner's Owner's Prepaid Property tax pense Property is wat Rent Expense Sables and Wages pense Sales Revenge Sales Comissions Expense Sales Comissions Payable 145.000 145.000 15.000 15.000 18.000 11.000 95.000 7.700 720,000 720.000 Interest Expense 6.000 6.500 11.000 6.000 2.100 Interest Revenue 2100 4500 Inventory 30 000 30.000 Sales Returns and Allowance B.OOO B000 Us Expense 3.500 8.500 Journalize the closing entries that are necessary. (List all debit entries before credit entries. Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Account Titles and Explanation Credit Date Debit Nov. 30 (To close accounts with credit balances) Nov. 30 (To close accounts with debit balances) Nov. 30 (To close net income / (loss)) Nov. 30 N. (To close drawings) Wildhorse Store is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers. At the end of the company's fiscal year on November 30, 2022, the following accounts appeared in two of its trial balances Unadjusted Adjusted Unadjustld Adjusted Accounts Payable $25,400 $25,400 Notes payable $35,000 $35,000 Accounts Receivable 31.000 31,000 Owner's Capital 87.400 87.400 Accumulated Depr.--Equipment 35.000 46.000 Owner's Drawings 10,000 10,000 Cash 25,000 25,000 Prepaid Insurance 10.200 2.500 Cost of Goods Sold 508,000 508,000 Property Tax Expense 2,500 Freight-Out 5,700 5,700 Property Taxes Payable 2,500 Equipment 145.000 145,000 Rent Expense 15,000 15,000 Depreciation Expense 11,000 Salaries and Wages Expense 96,000 96,000 Insurance Expense 7,700 Sales Revenue 720,000 720,000 Interest Expense 6,000 6,000 Sales Commissions Expense 6,500 11,000 Interest Revenue 2.100 2.100 Sales Commissions Payable 4.500 Inventory 30.000 30.000 Sales Returns and Allowances 8,000 8.000 Utilities Expense 8.500 8,500 Journalize the doing entries that are necessary. (List all debit entries before credit entries. Credit account titles are automatically Indented when amount is entered. Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Nov. 30 (To close accounts with credit balances) Nov. 30 . To close accounts with debit balances) Nov 30 (To close net income (loss}} Nov 30 (To dose drawings
