Answer: These transactions can be journalized as follows :-
Explanation: Since the entries are closing entries these would be recorded at year end :-
Dec 31.  Sales a/c Dr  ¥ 1,014,345
         To income a/c ¥ 1,014,345
     (Being revenue account closed)
Dec 31.  Income a/c Dr  ¥ 936,724
         To cost of sales a/c  ¥626,379
         To advertising expense a/c ¥ 96,359
         To other expense a/c  ¥213,986
     (Being expenses account closed)
Dec 31.  Income a/c Dr  ¥77,621
         To retained earnings ¥77,621
     (Being excess income transferred)
