Concord Company ended its fiscal year on July 31,2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Concord Company Adjusted Trial Balance July 31, 2022 Account Titles No. Debit Credit 101 Cash $8,850 112 9.000 157 Accounts Receivable Equipment Accumulated Depreciation--Equip. 16,300 158 $7.400 201 Accounts Payable 4.250 208 1.700 311 19.400 Unearned Rent Revenue Common Stock Retained Earnings Dividends 320 27,000 332 15,000 400 Service Revenue 64,000 429 Rent Revenue 6,000 711 Depreciation Expense 9.500 Concord Company ended its fiscal year on July 31,2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Concord Company Adjusted Trial Balance July 31, 2022 Account Titles No. Debit Credit 101 Cash $8,850 112 9.000 157 Accounts Receivable Equipment Accumulated Depreciation--Equip. 16,300 158 $7.400 201 Accounts Payable 4.250 208 1.700 311 19.400 Unearned Rent Revenue Common Stock Retained Earnings Dividends 320 27,000 332 15,000 400 Service Revenue 64,000 429 Rent Revenue 6,000 711 Depreciation Expense 9.500 157 Equipment 16,300 158 $7.400 201 4,250 208 1.700 Accumulated Depreciation-Equip Accounts Payable Unearned Rent Reveue Common Stock Retained Earnings Dividends 311 19,400 320 27.000 332 15,000 400 Service Revenue 64,000 429 Rent Revenue 6,000 711 9,500 726 Depreciation Expense Salaries and Wages Expense Utilities Expense 56,600 732 14,500 $129.750 $129.750 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 Credit July 31 (To close revenue accounts) July 31 (To close expense accounts) (To close revenue accounts) July 31 I (To close expense accounts) July 31 (To close net income / (loss)) July 31 (To close dividends)