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Andrd. 1.00 pont A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What amount will be posted
Andrd. 1.00 pont 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 Wilson Peters, Capital in the process of closing the Income Summary account? (Assume all accounts have normal balances.) Wilson Peters, Capital Wilson Peters, Withdrawals Revenue Rent expense Salaries expense Insurance expense Depr. Expense-equipment Accum depr-equipment $7,180 credit. O $16,780 credit. O $23,780 credit. $18,280 credit. $16,780 debit. $ 7,000 9,600 29,000 3,600 7,200 920 500 1,500
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