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Your answer is corect. Entry for the account titles and enter O Prepare dlosing journal entries. (f no entry is required select No July 31
Your answer is corect. Entry for the account titles and enter O Prepare dlosing journal entries. (f no entry is required select "No July 31 (To close revenue account) July 31 Income Summary Salaries and Wags Expense e and Repairs Expense Income Tax Expense (To dlose expense accounts July 31 income Summary 39 Retained Earnings To close net income/(loss) to retained earnings) July 31 Retained Eamings 1800 Dividends 1800 (To close dividends to retained earnings) SHOW LIST OF ACCOUNTS LINK TO TEXT l Your answer is incorrect. Try again. What is the ending balance in Retained Earnings? Ending balance in Retained Earnings
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