Question: = Homework: Chapter 5 Assignment Question 12, S5-9 (similar to) Part 1 of 5 HW Score: 38.9%, 22.56 of 58 points > Points: 0 of

= Homework: Chapter 5 Assignment Question 12, S5-9 (similar to) Part 1 of 5 HW Score: 38.9%, 22.56 of 58 points > Points: 0 of 3 Royersford RV Center's accounting records include the following accounts at December 31, 2018. (Click the icon to view the accounts and balances.) Requirements 1. Journalize the required closing entries for Royersford. 2. Determine the ending balance in the capital account. Date Accounts and Explanation Debit Credit Dec. 31 Sales Revenue 670,000 16,000 Help me solve this Demodocs example Get more help - Save Clear all Check answer Data table Cost of Goods Sold $ 368,000 Accumulated Depreciation-Building $ 41,000 Accounts Payable 13,000 Cash 52,000 Rent Expense 30,000 Sales Revenue 670,000 Building 109,000 Depreciation Expense-Building 11,000 Royersford, Capital 220,000 Royersford, Withdrawals 53,000 Merchandise Inventory 250,000 Interest Revenue 16,000 Notes Receivable 30,000 Print Done

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