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Business, 26.10.2021 06:00 82coogs

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

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