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ttps://edugen.wleylu. SURVEY OF ACCOUNTING (ACCT 2000) Kimmel, Accounting, 6e Gradebook ORION Downloadable eTextbook actice gnment NEXT CALCULATOR FULL SCREEN PRINTER VERSION BACK Brief Exercise 4-14

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ttps://edugen.wleylu. SURVEY OF ACCOUNTING (ACCT 2000) Kimmel, Accounting, 6e Gradebook ORION Downloadable eTextbook actice gnment NEXT CALCULATOR FULL SCREEN PRINTER VERSION BACK Brief Exercise 4-14 (Part Level Submission) The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Revenue $19,150, Salaries and Wages Expense $9,160, Maintenance and Repairs Expense $3,200, and Income Tax Expense $1,280. The statement of retained earnings shows an opening balance for Retained Earnings of $20,570 and Dividends $1,770. (a) Your answer is correct. Prepare closing journal entries. ( automatically indented when the amount is entered. Do not indent manually.) If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are dy Debit Credit Date Account Titles and Explanation July 31 Service Revenue Income Summary 191 To close revenue account) July 3 nome Summary 13640 Salarles and Wages Expense 9160 and Repairs Expense

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