Sales revenues were $20 000, Sales Returns and allowances were $300, Sales discounts were $700, Cost of sales were $12 000, and all other expenses totaled $4 500. The second closing entry would include which of the following line items?

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The Answer of Sales revenues were $20 000, Sales Returns and allowances were $300, Sales discounts were $700, Cost of sales were $12 000, and all other expenses totaled $4 500. The second closing entry would include which of the following line items?

Sales Revenues Were $20 000, Sales Returns and Allowances Were