cathydaves
20.03.2020 •
Business
The income statement for the Splish Brothers Inc. for the month ended July 31 shows Service Revenue $18,250, Salaries and Wages Expense $9,220, Maintenance and Repairs Expense $3,560, and Income Tax Expense $1,500. The statement of retained earnings shows an opening balance for Retained Earnings of $20,820 and Dividends $1,800. Prepare closing journal entries.
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