CIT4. Enu-ul-Chapter Practice Send to Question2 The i statement for the Sage Hill Inc. for the month ended July 31 shows Service Revenue $19.040, Salaries and Wages Expense $ 9,460, Maintenance and Repairs Expense $ 2.930, and Income Tax Expense $ 1,300. The statement of retained earnings shows an opening balance Retained Earnings of $ 24,810 and Dividends $ 1.760 Prepare closing journal 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 Debit Credit July 31 July 31