Current Attempt in Progress

The adjusted account balances of Sunland Centre at July $31$ are as follows:

Prepare the end$-$of$-$year closing entries for Sunland Centre. $($Credit account titles are automatically indented when the amount is

entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts. List all debit entries

before credit entries.$)$

Date Account Titles

Debit

Credit

July $31$

Service Revenue

Interest Revenue

Income Summary

$($To close revenue accounts.$)$

July $31$

Depreciation Expense

$25000$

Salaries Expense

$49000$