Business, 18.06.2020 15:57, FailingstudentXD

Presented below is information related to Coronado Corporation for the month of January 2020. Cost of goods sold $221,450 Salaries and wages expense $62,960
Delivery expense 6,300 Sales discounts 8,320
Insurance expense 11,900 Sales returns and allowances 12,540
Rent expense 18,370
Sales revenue 364,700
Prepare the necessary closing 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 0 for the amounts.)

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Presented below is information related to Coronado Corporation for the month of January 2020. Cost...