Given the following accounts and their adjusted balances before closing entries are posted, what amount will be posted to Bessie cool, capital in the process of closing the income summary account? assume all accounts have normal balances.

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Bessie Cool, capital Bessie Cool, withdrawals Service Revenue Rent expense Salaries expense Insurance expense Depreciation expense, equip. Accumulated depreciation, equipment." O $28,780 credit $12,180 credit O $23,280 credit $21,780 debit $21,780 credit $7,000 9,600 35,500 3,600 7,200 920 500 1,500 Bessie Cool, capital Bessie Cool, withdrawals Service Revenue Rent expense Salaries expense Insurance expense Depreciation expense, equip. Accumulated depreciation, equipment." O $28,780 credit $12,180 credit O $23,280 credit $21,780 debit $21,780 credit $7,000 9,600 35,500 3,600 7,200 920 500 1,500

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Answer 23280 credit Explanation Balance in Income Su... View the full answer