Rento INC IS , Helo sem Announcements CA RACK Exercise 5-06-b (Part Level Submission) The adjusted trial balance of Novak Corp. shows the following data pertaining to sales at the end of its fiscal year October 31, 2020: sales Revenue $541,700, Freight Out $17.600, Sales Returns and Allowances $35,000, and Sales Discounts $13,500 Your answer is partially correct. Try again Attempts: 3 (b) Prepare separate closing entries for (1) sales revenue, and (2) the contra accounts to sales revenue. (Credit account titles are automatically indented when amou If 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. Oct. 31 2 Oct. 31 Attempts: 0 of 3 used 7 search E