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The income statement for Evergreen Golf Club for the month ending July 31 shows Green Fee Revenue $14,576, Salaries Expense $8,459, Maintenance Expense $3,110, and
The income statement for Evergreen Golf Club for the month ending July 31 shows Green Fee Revenue $14,576, Salaries Expense $8,459, Maintenance Expense $3,110, and Net Income $3,007. Prepare the entries to close the revenue and expense accountsost the entries to the revenue and expense accounts, and complete the closing process for these accounts using the three-column form of account.
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