Question: Do not need to answer this problem online, the solution will be part of the file to be uploaded after the exam. A) From these
Do not need to answer this problem online, the solution will be part of the file to be uploaded after the exam. A) From these selected, prepare the necessary closing entries. (8 points) Accumulated Depreciation $10,000 Depreciation Expense $7,000 Owner's Capital $16,000 Owner's Drawings $11,000 Salaries and Wages Expense $17,000 Service Revenue $30,000 B) Show the balar of the Owner's Capital account after the dosing entries. (2 points) Note: On the space provided write: "N/A" 7 2 A T: BIUS X 1 x G !!! E
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