EX 6-30 Closing entries On July 31, 207, the balances of the accounts appearing in the ledger of Yang Interiors Company, a furniture wholesaler, are as follows: Accumulated Depr. — Building Administrative Expenses Building Cash Cost of Merchandise Sold Interest Expense Merchandise Inventory Notes Payable $443,000 534,000 984,000 95,000 941,000 7,000 140,000 121,000 Peter Bronsky, Capital Peter Bronsky, Drawing Sales Sales Tax Payable Selling Expenses Store Supplies Store Supplies Expense Prepare the July 31, 20Y7, closing entries for Yang Interiors Company. 644,000 18,000 1,745,000 4,500 194,000 19,000 25,500