Question: Current Attempt in Progress The income statement for the Bramble Golf Club Inc. for the month ended July 31 shows Service Revenue $19,520, Salaries and

Current Attempt in Progress The income statement for the Bramble Golf Club Inc. for the month ended July 31 shows Service Revenue $19,520, Salaries and Wages Expense $8,620, Maintenance and Repairs Expense $2,920, and Income Tax Expense $1,240. The statement of retained earnings shows an opening balance for Retained Earnings of $24,290 and Dividends $1,600. (a) Prepare closing journal entries. (List all debit entries before credit 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 July 31 July 31 (To close revenue account) Debit Credit
 Current Attempt in Progress The income statement for the Bramble Golf
Club Inc. for the month ended July 31 shows Service Revenue $19,520,
Salaries and Wages Expense $8,620, Maintenance and Repairs Expense $2,920, and Income
Tax Expense $1,240. The statement of retained earnings shows an opening balance

The income statement for the Bramble Golf Club Inc, for the monthended July 31 shows Service Revenue $19,520, Salaries and Wages Expense $8,620, Maintenance and Repairs Expense $2,920, and Income Tax Expense $1,240. The statement of retained carnings shows an opening balance for Retained Earnings of $24,290 and Dividends $1,600. (a) Prepare closing iournal entries. (List all debit entries before credit entries. If no entry is required, select "No Entry for the account titles and enter o for the amounts. Credit account titles are outomatically indented when the amount is entered. Do not indent manuatly) (To close expense accounts) July 31 (To close net income to retained earnings) July 31 (To close dividends to retained earnings) What is the ending balance in Retained Earnings? Ending balance in Retained Earnings account tities and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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