Question: please help Current Attempt in Progress The Income statement for Salt Creek Golf Club for the month ending July 31 shows Service Revenue $ 17,400,
Current Attempt in Progress The Income statement for Salt Creek Golf Club for the month ending July 31 shows Service Revenue $ 17,400, Salaries and Wages Expense $ 7,900, Maintenance and Repairs Expense $ 2,400, and Net Income $ 7,100. (a) 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 Service Revenue 17400 Income Summary 17400 (To close revenue account) July 31 Income Summary Salaries and Wages Expense 7900 Supplies Expense 2400 (To close expense accounts) Attempts. 0 of 1 used Submit Answer Save for Later Last saved 22 minutes ago Saved work will be auto-submitted on the due date Auto submission can take up to 10 minutes
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