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Current Attempt in Progress The income statement for Salt Creek Golf Club for the month ending July 31 shows Service Revenue $15,600, Salaries and
Current Attempt in Progress The income statement for Salt Creek Golf Club for the month ending July 31 shows Service Revenue $15,600, Salaries and Wages Expense $8,400, Maintenance and Repairs Expense $1.600, and Net Income $5,600. Your answer is incorrect. Post the entries to the revenue and expense accounts, and complete the closing process for these accounts using the three- column form of account. Service Revenue Date Explanation Ref. Debit Credit Balance 7/31 Balance 7/31 Closing entry Salaries and Wages Expense Date Explanation Ref. Debit Credit Balance 7/31 Balance 7/31 Closing entry Maintenance and Repairs Expense Date Explanation Ref. Debit Credit Balance 7/31 Balance 7/31 Closing entry
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