Question Completion Status: QUESTION 10 A merchandiser uses a perpetual Inventory system. The beginning Owner, Capital balance of the merchandiser was 599,000. During the year, Sales Revenue amounted to $75,000, Cost of Goods Sold was $32,000, and all other expenses totaled $10,000. Owner withdrawals were $21,000. There were no new capital contributions during the year. The last step in the closing process would include a credit to Income Summary for $21,000 a debit to Income Summary for $33,000 a debit to the Owner, Capital account for $33,000 a debit to the Owner, Capital account for $21,000