Question: Please help me answer those questions and post up here in the right way that the answer will not be partially hidden. Thank you! Bi

Please help me answer those questions and post up here in the right way that the answer will not be partially hidden. Thank you!
Please help me answer those questions and post up here in the

Bi 2 (chapter 4): At the end of July, 2021, Costco Company has the following information: Total Service Revenues of July = $10,000 Operating expenses of July include: Depreciation expense = $500 Utilities expense = $600 Rent expense = $1,000 Salaries and Wages expenses = $2,400 Interest expense = $400 Dividends = $800 Requirement: a. Prepare closing entries for July 2021 of Costco company b. Prepare Retained earnings statement for July 2021 Additional informatiou: opening balance of Retained earnings account (ou July 1, 2021) is $6,000 ou credit

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