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e The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Rever $19.910. Sa Expense $8,430, Maintenance and Repairs Expense
e The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Rever $19.910. Sa Expense $8,430, Maintenance and Repairs Expense $4,120, and Income Tax Expense 51.230. The statement d earnings shows an opening balance for Retained Earnings of $24,880 and Dividends $1.770. Prepare closing journal entries. (If no entry is required, select "No Entry for the account tites and entert account titles are automatically indented when the amount is entered. Do not indent and Debit Date Account Titles and Explanation July 31 - (To close revenue account) July 31
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