Business, 11.03.2020 22:10 danielahalesp87vj0

The income statement for Ayayai Golf Club for the month ending July 31 shows Service Revenue $15,400, Salaries and Wages Expense $7,500, Maintenance and Repairs Expense $1,500, and Net Income $6,400. Prepare the entries to close the revenue and expense accounts.

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The income statement for Ayayai Golf Club for the month ending July 31 shows Service Revenue $15,400...

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