Question
2. A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted to Tricia
2. A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted to Tricia DeBarre, Capital in the process of closing the Income Summary account? (Assume all accounts have normal balances.) ACCOUNT Tricia De Barre, Capital Tricia De Barre, Withdrawals Revenue Rent expense Salaries expense Insurance expense Depreciation Expense - equipment Acc. Depreciation - equipment BALANCE 7000 9,600 29,000 3,600 7,200 920 500 1,500
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