The income statement for the Windsor, Inc. for the month ended July 31 shows Service Revenue 11 $18,760, Salaries and Wages Expense $9,350, Maintenance and Repairs Expense $2,970, and Income Tax Expense $1,360. The statement of retained earnings shows an opening balance for 2 Retained Earnings of $21,890 and Dividends $1,610. 4 Prepare closing journal entries. 6 Date Account Titles Debit Credit 7 7/31/2017 10 7/31/2017 16 7/31/2017 17 19 20 7/31/2017