Question 7 The income statement for Shamrock Golf Club for the month ending July 31 shows Service Revenue 19,300, Salaries and Wages Expense 8,079, Maintenance and Repairs Expense 2,224, and Net Income 8,997. Prepare the entries to close the revenue and expense accounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation July 31 (To close revenue account.) July 31 (To close expense accounts.) 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 Credit Debil Balance Date Explanation Ref 7/31 Balance 7/31 Closing entry CALCULATOR PRINTER VERSION 4 BACK NEX (To close expense accounts.) 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 Credit Debit Balance Date Explanation Rel 7/31 Balance 7/31 Closing entry Salaries and Wages Expense Debit Credit Balance Date Explanation Ref 7/31 Balance 7/31 Closing entry Maintenance and Repairs Expense Debit Credit Balance Date Explanation Rel 7/31 Balance 7/31 Closing entry