The following accounts appear on Treetop Inc.2014 financial statements.The accounts are listed in alphabetical order,and the balance in each account is the normal balance for that account.All amounts are in millions of dollars.Prepare closing entries for Treetop for 2014.
Cash Dividends Paid $ 104
Cost of Sales and Related Buying and Occupancy Costs 4,317
Credit Card Revenues 325
Income Tax Expense 207
Interest Expense,net 126
Other Income and Expense,net 13
Net Sales 7,172
Selling,General and Administrative Expenses-Credit Segment 275
Selling,General and Administrative Expenses-Retail Stores,
Direct and Other Segments 2,228

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The Answer of The following accounts appear on Treetop Inc.2014 financial statements.The accounts are listed in alphabetical order,and the balance in each account is the normal balance for that account.All amounts are in millions of dollars.Prepare closing entries for Treetop for 2014.
Cash Dividends Paid $ 104
Cost of Sales and Related Buying and Occupancy Costs 4,317
Credit Card Revenues 325
Income Tax Expense 207
Interest Expense,net 126
Other Income and Expense,net 13
Net Sales 7,172
Selling,General and Administrative Expenses-Credit Segment 275
Selling,General and Administrative Expenses-Retail Stores,
Direct and Other Segments 2,228

The Following Accounts Appear on Treetop Inc