Service Revenue Date Explanation Ref. Debit Credit Balance 7/31 Balance 7/31 Closing entry Salaries and Wages Expense Date Explanation Ref. Debit Credit Balance 7/31 Balance 7/31 Closing entry Maintenance and Repairs Expense Date Explanation Ref. Debit Credit Balance 7/31 Balance 7/31 Closing entry The income statement for Salt Creek Golf Club for the month ending July 31 shows Service Revenue $15,600. Salaries and Wages Expense $9,000. Maintenance and Repairs Expense $2,600, and Net Income $4,000