Brief Exercise 4-6 The income statement for Weeping Willow Golf Club for the month ending July 31 shows Service Revenue $16,329, Salaries and Wages Expense $8,847, Maintenance and Repairs Expense $1,520, and Net Income $5,962.

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Prepare the entries to close the revenue and expense accounts.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
July 31
(To close revenue account.)
July 31
(To close expense accounts.)

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Post the entries to the revenue and expense accounts, and complete the closing process for these accounts using the three-column form of account.

Service Revenue
Date	Explanation	Ref	Debit	Credit	Balance
7/31	Balance
7/31	Closing entry
Salaries and Wages Expense
Date	Explanation	Ref	Debit	Credit	Balance
7/31	Balance
7/31	Closing entry
Maintenance and Repairs Expense
Date	Explanation	Ref	Debit	Credit	Balance
7/31	Balance
7/31	Closing entry

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