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The income statement for the Novak Golf Club inc. for the month ended July 31 shows Service Revenue $19,500, Salaries and Wages Expense $9.730. Maintenance

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The income statement for the Novak Golf Club inc. for the month ended July 31 shows Service Revenue $19,500, Salaries and Wages Expense \$9.730. Maintenance and Repairs Expense \$3,890, and income Tax Expense \$1,290. The statement of retained earnings shows an opening balance for Retained Earnings of $23,230 and Dividends $1,800. (a) Prepare closing journal entries, (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account tities are outomatically indented when the amount is entered. Do not indent manualiy) Date Account Titles and Explanation July 31 (To dose revenue account) fuly 31 (To dose expense accounts) July 31 (To close net income to retained earnings) July 31 (To close dividends to retained earninas) July 31 (To close expense accounts) July 31 (Fo clase net income to retained earnings) July 31 (To close dividends to retained earnings) eTextbook and Media List of Accounts Save for Later Attempts: unlimited (b)

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