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struggling!! he income statement for the Marigold Golf Club Inc for the month ended July 31 shows Service Revenue $16,870, Salaries and Nages Expense $8,870,
struggling!!
he income statement for the Marigold Golf Club Inc for the month ended July 31 shows Service Revenue $16,870, Salaries and Nages Expense $8,870, Maintenance and Repairs Expense $3,800, and Income Tax Expense $1,210. The statement of retained earnings shows an opening balance for Retained Earnings of $22,600 and Dividends $1,700. Prepare closing journal entries. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) What is the ending balance in Retained Earnings? Ending balance in Retained Earnings eTextbook and Media List of Accounts Step by Step Solution
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