Question: Moving to another question will save this response. Question 2 Before closing the accounts. Anderson Company has the following balances: Anderson, Capital $570,000 34.500 Anderson,


Moving to another question will save this response. Question 2 Before closing the accounts. Anderson Company has the following balances: Anderson, Capital $570,000 34.500 Anderson, Withdrawals Fees earned 879,000 Depreciation Expense-Equipment 43.250 Wages expense 05.000 Interest expense 19,600 35.000 Insurance expense Rent expense closed to Anderson capital What will be the amount in the income summary account that should be closed to Anders $879,000 b. $235.950 $408.550 d. $643,050 2.500 Moving to another question will save this response. estion 1 Anderson Company has the following balances: Anderson, Capital Anderson, withdrawals 5570.000 234.500 Fees earned 379.000 Depreciation Expense-Equipment 43.250 Wages expense 95.000 Interest expense 19,600 Insurance expense ent expense 35,000 42.500 Which of the foliowing entries would be used to close the withdrawal account? a. Debit Anderson's Capital $234,500: credit Anderson's Withdrawals $234.500 b. Debit income Summary $570,000: credit Anderson's, Capital $570.000 c. Debit Andersons's Withdrawals $234.500 credit Anderson's Capital $234.500 d. Debit Anderson's Capital $570.000: credit Income Summary $570,000 Moving to another question will save this response. Question 1 points Question 1
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