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Question 6 of 6 0.172 The income statement for the Larkspur, Inc. for the month ended July 31 shows Service Revenue 519,210, Salaries and Wages

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Question 6 of 6 0.172 The income statement for the Larkspur, Inc. for the month ended July 31 shows Service Revenue 519,210, Salaries and Wages Expense $9,120. Maintenance and Repairs Expense $3.460, and Income Tax Expense 51.430. The statement of retained earnings shows an opening balance for Retained Earnings of $20,050 and Dividends $1,700. Your answer is partially correct. Prepare closing journal entries. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit July 31 Date Credit Service Revenue 19210 1 19210 (To close revenue account) July 31 (To close expense accounts) July 31 o EI 8 (2 ssignment S07206925 Question 6 of 6 0.17/2 Date Account Titles and Explanation Service Revenue July 31 Debit Credit 19210 1 (To close revenue account) 19210 July 31 (To cose expense accounts) July 31 (To cose net income/(loss) to retained earnings) July 31 (To cose dividends to retained earnings) e Textbook and Media O i > 00 14 Disc C 5 6 & 7 backspace R TY U | P [ TUTUSE uviens de toys e Textbook and Media List of Accounts X Your answer is incorrect. What is the ending balance in Retained Earnings? Ending balance in Retained Earnings $ e Textbook and Media List of Accounts Save for Attempts: unlimited Submit A

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