Show Attempt History Current Attempt in Progress * Your answer is incorrect. The adjusted trial balance of Splish Brothers at December 31 shows Inventory $22,900, Sales Revenue $158,000, Sales Returns and Allowances $4,500, Sales Discounts $3,500, Cost of Goods Sold $92,300, Interest Revenue $5,000, Freight-Out $2,050, Utilities Expense $7,950, and Salaries and Wages Expense $24,400. Prepare the closing entries for Splish Brothers for these accounts. (List all debit entries before credit 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 O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close accounts with credit balances) Dec. 31 (To close accounts with debit balances)