Question: CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 4-14 (Part Level Submission) The income statement for the Tamarisk, Inc. for the month ended July
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 4-14 (Part Level Submission) The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Revenue $19,150, Salaries and Wages Expense $9,160, Maintenance and Repairs Expense $3,200, and Income Tax Expense $1,280. The statement of retained earnings shows an opening balance for Retained Earnings of $20,570 and Dividends $1,770. (a) Prepare closing journal entries. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Credit uly 31 (To close revenue account uly 31 To dese expense accounts) uly 31 5 6 7 8 9
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