The adjusted trial balance of Wildhorse Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2022: Sales Revenue $904,600, Freight-Out $16,600, Sales Returns and Allowances $29,800, and Sales Discounts $16,500. Prepare separate closing entries for (1) sales revenue and (2) the contra accounts to sales revenue. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Oct. 31 enter an account title for the closing entry on October 31 enter a debit amount enter a credit amount enter an account title for the closing entry on October 31 enter a debit amount enter a credit amount 2. Oct. 31 enter an account title for the closing entry on October 31 enter a debit amount enter a credit amount enter an account title for the closing entry on October 31 enter a debit amount enter a credit amount enter an account title for the closing entry on October 31 enter a debit amount enter a credit amount

The adjusted trial balance of Wildhorse Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2022: Sales Revenue $904,600, Freight-Out $16,600, Sales Returns...

The adjusted trial balance of Wildhorse Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2022: Sales Revenue $904,600, Freight-Out $16,600, Sales Returns and Allowances $29,800, and Sales Discounts $16,500.

Prepare separate closing entries for (1) sales revenue and (2) the contra accounts to sales revenue.
(Credit account titles are automatically indented when amount is entered. Do not indent manually.)

No.	Date	Account Titles and Explanation	Debit	Credit
1.	Oct. 31	enter an account title for the closing entry on October 31	enter a debit amount	enter a credit amount
		enter an account title for the closing entry on October 31	enter a debit amount	enter a credit amount
2.	Oct. 31	enter an account title for the closing entry on October 31	enter a debit amount	enter a credit amount
		enter an account title for the closing entry on October 31	enter a debit amount	enter a credit amount
		enter an account title for the closing entry on October 31	enter a debit amount	enter a credit amount

Jun 02, 2022

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The adjusted trial balance of Wildhorse Company shows the following data pertaining to sales at the end of its fiscal year October 31, 2022: Sales Revenue $904,600, Freight-Out $16,600, Sales Returns...

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