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6. Ac 7. Cash 2021: Payable 24. From the following T accounts, journalize the four closing entries on December 31, Closing entries J. King, Capital

6. Ac 7. Cash 2021: Payable 24. From the following T accounts, journalize the four closing entries on December 31, Closing entries J. King, Capital 14,000 J. King, Withdrawals 4,000 Income Summary Rent Expense 5,000 Wages Expense 7,000 8 102 Insurance Expense 1,200 1-23 Fees Earned Depreciation Expense, Office Equipment 33,000 900 (5 min) Accounting cycle (5 min)

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