Side Kicks has year-end account balances of Sales Revenue 808,900, Interest Revenue 13,500, Cost of Goods Sold

Question:

Side Kicks has year-end account balances of Sales Revenue €808,900, Interest Revenue €13,500, Cost of Goods Sold €556,200, Operating Expenses €189,000, Income Tax Expense €35,100, and Dividends €18,900. Prepare the year-end closing entries.

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