Question: Current Attempt in Progress Presented below is information related to Coronado Corporation for the month of January 2017, Cost of goods sold $386.000 Salaries and

Current Attempt in Progress Presented below is information related to Coronado Corporation for the month of January 2017, Cost of goods sold $386.000 Salaries and wages expense $187,000 Delivery expense 23.600 Sales discounts 31.300 Insurance expense 12.500 Sales returns and allowances 22.100 Rent expense 33,500 Sales revenue 764,000 Prepare the necessary closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually f no entry is required, select "No entry" for the account titles and enter O for the amounts) No. Date Account Titles and Explanation Debit Credit 1 Jan. 31 2. Jan. 31 (To close revenue accounts) 2. Jan 31 3 Jan 31 [To close revenue accounts] [lo close expense accounts) (To close net income/Bloss

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