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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
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.) Tricia De Barre, Capital $ 7,900 Tricia De Barre, Withdrawals 10,500 Revenue 33,500 Rent expense 4,500 Salaries expense 8,100 Insurance expense 1,010 Depr. Expense-equipment 590 Accum depr.-equipment 1,770
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