the income statement for weeping willow golf club for the
the income statement for weeping willow golf club for the month ending july 31 shows service revenue $16,400, salaries and wages expense $8,200, maintenance and repairs expense $2,500, and net income $5,700. prepare the entries to close the revenue and expense accounts. post the entries to the revenue and expense accounts, and complete the closing process for these accounts using the three-column form of account.
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