Current Attempt in Progress

Sunland has year$-$end account balances of Sales Revenue $\backslash$$$744,020,$ Interest Revenue $\backslash$$$13,110,$ Cost of Goods Sold $\backslash$$$513,065,$ Administrative Expenses $\backslash (\backslash$$ $202,210\backslash ),$ Income Tax Expense $\backslash (\backslash$$ $32,779\backslash ),$ and Dividends $\backslash (\backslash$$ $20,221\backslash ).$ Prepare the year$-$end closing 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 $0$ for the amounts. List all debit entries before credit entries.$)$

Account Titles and Explanation

$($To close revenue accounts.$)$

$($To close expense accounts.$)$

$($To close income$/($loss$).)$

$($To close dividends.$)$