Following are Nintendos revenue and expense accounts for a recent calendar year (yen in millions). Prepare the companys closing entries for its revenues and its expenses. Net sales . . . . . . . . . . . .
Following are Nintendo’s revenue and expense accounts for a recent calendar year (yen in millions). Prepare the company’s closing entries for its revenues and its expenses.
Net sales . . . . . . . . . . . . . . . . . ¥1,014,345
Cost of sales . . . . . . . . . . . . . . 626,379
Advertising expense . . . . . . . . 96,359
Other expense, net . . . . . . . . . 213,986
Net sales . . . . . . . . . . . . . . . . . ¥1,014,345
Cost of sales . . . . . . . . . . . . . . 626,379
Advertising expense . . . . . . . . 96,359
Other expense, net . . . . . . . . . 213,986
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Related Book For 
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date: November 14, 2013 05:54:17
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