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The income statement for the Windsor, Inc. for the month ended July 31 shows Service Revenue $17,610, Salaries and Wages Expense $8,490, Maintenance and Repairs

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The income statement for the Windsor, Inc. for the month ended July 31 shows Service Revenue $17,610, Salaries and Wages Expense $8,490, Maintenance and Repairs Expense $3,250, and Income Tax Expense $1.490. The statement of retained earnings shows an opening balance for Retained Earnings of $20,700 and Dividends $1,430. Debit Credit Date Account Titles and Explanation July 31 I (To dose revenue account) July 31 (To dose expense accounts) July 31 (To dose net income/(loss) to retained earnings) July 31

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