After adjustments at February 28, 20Y9, the end of the first full year of operations, the revenues were $300,000 and expenses were $230,000, for a net income of $70,000. The drawing accounts ave debit balances of $19,000 (Keene) and $24,000 (Wallace) Journalize the entries to close the revenues and expenses and the drawing accounts at February 28, 20Y9 Refer to the chart of ccounts for the exact wording of the account titles CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries CNOW journals will utomatically indent a credit entry when a credit amount is entered Question not attempted. 1 2 3 4 5 6 7 8 9 DATE DESCRIPTION Closing Entries JOURNAL POST. REF. DEBIT CREDIT ASSETS PAGE 20 ACCOUNTING FOLATION. LIABILITIES Score: 0/99 EQUITY

utomatically indent a credif entry whien a credt anount is entered. Questien not attempted