Blue Spruce Automotive ended its fiscal year on July 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as follows. No. Credit 101 112 157 158 201 208 Blue Spruce Automotive Adjusted Trial Balance July 31, 2020 Account Titles Debit Cash NT$9,346 Accounts Receivable 8,342 Equipment 15.105 Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Share Capital-Ordinary Retained Earnings Dividends 15.200 Service Revenue Rent Revenue Depreciation Expense 7,600 Salaries and Wages Expense 52,915 Utilities Expense 14.155 NT$122,663 NT$7.030 4,008 1.710 19,000 23,940 311 320 332 400 60,800 429 6,175 711 726 732 NT$122.663 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit July Post to Retained Earnings and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative balances using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Retained Earnings Date Explanation Ref Debit Credit July 31 July 31 JIS July 31 J15 Income Summary Date Explanation Ref Debit Credit July 31 JIS July 31 J15 July 31 JIS > eTextbook and Media List of Accounts