34) Determine the beginning assets of a business having ending liabilities of $4,000, the liabilities decreased by $1,500 during the year, an ending owner's equity of $10,700, additional investments of $2,000, withdrawals of $15,600, and after closing the revenues and expenses the Income Summary account has a credit balance of $6,800. 35) From the Taccounts below, journalize the necessary closing entries in good form. Insurance Expense 5001 Wage Expense 1,500 Depreciation Expense 1,000 Income Summary T. Grise, Capital 15,000 Accounting Fees Earned 5,000 T Grise, Withdrawal 1,200