Martinez Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Martinez Company Adjusted Trial Balance July 31, 2022 No. Account Titles Credit 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip. 201 Accounts Payable 208 Unearned Rent Revenue 311 Common Stock 320 Retained Earnings 332 Dividends 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 732 Salaries and Wages Expense Utilities Expense Debit $10,900 8,500 15,900 $8,000 4,550 2,500 19,850 25,500 14,500 64,000 6,000 8,500 56,600 15,500 $130,400 $130,400 Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 31 (To close revenue accounts) (To close expense accounts) (To close net income / (loss)) (To close dividends) July 31 July 31 July 31 DOOD [[] [] [ Post to the Retained Earnings and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) Retained Earnings No. 320 te Explanation Ref Debit Credit Balance ily J15 31 ily J15 J15 Income Summary Ref Debit Credit J15 J15 J15 31 Close Expenses Close Dividends Close Revenues Balance Close Net Income/Loss ily 31 te Explanation ily 31 ily 31 ily 31 No. 350 Balance Prepare a post-closing trial balance at July 31. Totals Martinez Company Post-Closing Trial Balance Debit $ $ $ Credit