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An adjusted trial balance is given below. Debit Ccredit Cash $16,000 Accounts Receivable 3,000 Prepaid Rent 900 Merchandise Inventory 25,000 Accounts Payable $4,100 Salaries Payable

An adjusted trial balance is given below.

Debit

Ccredit

Cash

$16,000

Accounts Receivable

3,000

Prepaid Rent

900

Merchandise Inventory

25,000

Accounts Payable

$4,100

Salaries Payable

2,000

Notes Payable

700

Owners, Capital

11,800

Sale Revenue

92,000

Sales Return and Allowances

1,000

Sales Discounts

600

Cost of Goods Sold

Salaries Expense

21,000

18,000

Rent Expense

Selling Expense

15,000

8,100

Supplies Expense

Total

700

$110,800

$110,800

What will be the final balance in the company's Owner, Capital account after recording the closing entries?

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