+ Week 5-Practice: Chapter 5 12 Week 1-AACC1 x Builder Ap NWA Player AX A 16 Question 2 of 5 < View Policies -14 1 Current Attempt in Progress Ayayal Company has the following account balances Sales Revenue $245,600, Sales Discounts $3.610. Cost of Goods Sold $103,600 and Inventory $41,800 Prepare the entries to record the closing of these items to Income Summary under the perpetual inventory system. List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered De net indent manually if no entry is required select "No Entry" for the account titles and enter O for the amounts) Account Titles and Explanation Debit Credit (To close accounts with credit balances)