Davenport Docking Corporation General Journal - Closing Entries July Month-end CLOSING ENTRIES: Instructions: Closing entries are NOT related to rest of part 1. They are completely separate.Please write the JULY month end closing entries USING the adjusted trial balance workbook amounts. Use end of month as date. List debits before credits, skip a line between each entry and only use account titles from adjusted trial balance workbook. That's it! Part 1 is complete after finishing below closing entries. Give yourself a pat on the back! 7/31 (A ) Close ALL revenue and expense accounts WITH a balance to retained earnings. 7/31 (B ) Close cash dividends to retained earnings Page 1 Date Accounts DEBIT CREDIT A Sales $2,902,760.00 Rent Income 2,000.00 unrealized gain- Trading Securities 18,000.00 Realized gain- Trading Securities 6,000.00 Income Summary $2,928,760.00 31-Jul TOTAL *Insert formula to total debits and credits in order to check general journal page with check figures