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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 Owner's Capital in

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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 Owner's Capital in the process of closing the income Summary account? (Assume all accounts have normal balances.) Owner's Capital Owner's Withdrawals Revenue Rent expense Salaries expense Insurance expense Depr. Expense-equipment Accum depr.-equipment $ 7,000 9,800 28,000 2,800 6,600 315 460 1,380 Multiple Choice $17.825 debit $8.025 credit Next > pse Multiple Choice 5 Dots 8 014103 $17825 debit $8.025 Credit $17,825 credit O O $19205 credit 58.025 de 22 Noxd>

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