Answered step by step
Verified Expert Solution
Question
1 Approved Answer
After all appropriate closing entries to the following accounts have been made, what will be the balance of a cafe. Capital account ? Services fees
After all appropriate closing entries to the following accounts have been made, what will be the balance of a cafe. Capital account ? Services fees revenue $130000, various expenses $65000, cafe's capital 80000, cafe's withdraws $15000 A $65000 B $80000 C $130000 D$145000 E $280000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started