Instructions

On March $31,20$Y$9,$ the balances of the accounts appearing in the ledger of Royal Furnishings, a furniture store,

are as follows:

Accounts Receivable$$150,250$Accumulated Depreciation$$Building$742,600$Administrative Expenses$515,600$Building$2,552,350$Cash$183,850$Cost of Goods Sold$3,903,350$Interest Expense$10,200$Inventory$1,000,900$Notes Payable$254,900$Office Supplies$20,350$Pedro Dellas, Capital$1,611,000$Pedro Dellas, Drawing$185,250$Salaries Payable$8,050$Sales$6,618,600$Selling Expenses$706,050$Store Supplies$86,700$

Journalize the closing entries.

General Journal

Journalize the closing entries.

General Journal Instructions

Use only the $8$ lines provided in the journal entry please.