Pigeon Sporting Goods Company reported the following data at July 31, 2021, with amounts in thousands: (Click the icon to view the account balances.) (Click the icon to view the statement of retained earnings.) (Click the icon to view the balance sheet.) Make the company's closing entries at July 31, 2021. Then set up a T-account for Retained Earnings and post to that account. Compare Retained Earnings' ending balance to the amount reported on Pigeon's statement of retained earnings and balance sheet. What do you find? Make the company's closing entries at July 31, 2021. (Record debits first, then credits. Exclude explanations from any journal entries.) Begin by making the closing entry for revenues at July 31, 2021. Date Jul 31 Journal Entry Accounts Debit Credit