Question: hi I am doing some practice for exams and I was wondering if I could have help with this one? The J. Dowson, Capital account

hi I am doing some practice for exams and I was

hi I am doing some practice for exams and I was wondering if I could have help with this one?

The J. Dowson, Capital account has a credit balance of $1,200 before closing entries are made if total revenues for the year are $65,200, total expenses $19,800, and withdrawals are $2,400, what is the ending bolonce in the J Dawson, Capitol account after all closing entries have been mode? Multiple Choice $16,600 $7,600 O $14,200 $23.200 O $5,200

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