Do Homework - Ch 4 Study Resources - Google Chrome X mylab.pearson.com/Student/PlayerHomework.aspx?homeworkld=630785539&questionld=5&flushed=false&cld=7060388¢erwin=yes ACG2001 for Class Reference 704243 Session 3 Online Maria Kotler 10/18/22 3:37 PM Homework: Ch 4 Study Resources Question 3, TIF4-3 (book/static) HW Score: 45.83%, 6.42 of 14 points Part 4 of 5 Points: 0.56 of 1 Save Question list K Benson Auto Repair had the following account balances after adjustments. Assume all accounts had normal balances. (Click the icon to view the account balances.) 14. Prepare the closing entries for Benson at December 31. Question 2 15. What is the balance of Benson, Capital after closing entries have been recorded? (Use a T-account to determine the balance.) Question 3 Now we will close the Income Summary account. O Question 4 Date Accounts and Explanation Debit Credit Clos. (3) Benson, Capital 700 O Question 5 Income Summary 700 O Question 6 - X To close Income Summary. Data table Finally close the Withdrawals account. O Question 7 Date Accounts and Explanation Cash 4,000 Benson, Capital $ 35,700 Clos. (4) Accounts Receivable 3,200 Benson, Withdrawals 2, 100 O Media 5 Prepaid Rent 1,900 Service Revenue 1,600 Office Supplies 3,000 Depreciation Expense-Equipment 300 Equipment 34,800 Salaries Expense 800 Media 6 Accumulated Depreciation-Equipment 1,600 Rent Expense 500 Accounts Payable 5,400 Utilities Expense 600 Notes Payable (long-term) 7,000 Supplies Expense 100 Etext pages Calculator Ask my instructor swer Type here to search O 86 F Mostly cloudy 3:37 PM 10/18/2022