Question 7 of 7 View Policies Current Attempt in Progress Concord Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance fiscal year is shown as follows. Credit No. Debit $8,850 9,000 16,300 101 112 157 158 201 Concord Company Adjusted Trial Balance July 31, 2022 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense $7,400 4,250 1,700 19,400 27,000 15,000 208 311 320 332 400 429 711 726 64,000 6,000 9,500 56,600 14,500 $129.750 732 $129,750 (a) Prepare the closing entries. (Credit account titles are automatically indented when entered. Do not indent manually.) Date Account Titles and Explanation Debit cessment Player -12 Question 7 of 7 (a) Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credi Date Account Titles and Explanation July 31 (To close revenue accounts) July 31 (To close expense accounts) July 31 (To close net income / (loss)) July 31 (To close dividends) eTextbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. c)