The following list includes temporary accounts from the December 31 adjusted trial balance of Emiko Co. Use these normal account balances to journalize closing entries.

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Debit Credit Debit Credit $ 33,000 $ 49,700 Sales salaries expense.. Utilities expense.. Selling expenses... Dividends Sales ... $529,000 15,000 Sales returns and allowances ..... Sales discounts..... Cost of goods sold . 17,500 39,000 5,000 Administrative expenses 105,000 213,300