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Below the Adjusted Trial Balance for Torr's Towing Services is given. Using the Adjusted Trial Balance prepare the closing entries at June 30, 2019 (on

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Below the Adjusted Trial Balance for Torr's Towing Services is given. Using the Adjusted Trial Balance prepare the closing entries at June 30, 2019 (on a piece of paper) and select the correct answer to the questions asked about the closing entries. TORR'S TOWING SERVICES WORKSHEET FOR THE YEAR ENDED JUNE 30, 2019 ADJUSTED TRIAL BALANCE ACCOUNT TITLES DEBIT ($) CREDIT ($) 56,820.00 28,200.00 9,000.00 2,500.00 180,000.00 66,000.00 Cash Accounts Receivable Towing Supplies Notes Receivable Land Vehicles Accumulated depreciation - Vehicles Accounts Payable Unearned Revenue Notes Payable Capital - Torr Tait I 60,000,00 31,100.00 1.400.00 20,000.00 205,500.00 (LW 31,100.00 1,400.00 20,000.00 205,500.00 3,000.00 Accounts Payable Unearned Revenue Notes Payable Capital - Torr Tait Withdrawals - Torr Tait Towing Service Revenue Rent Revenue Advertising Expense Insurance Expense Internet Expense Meals and Entertainment Expense Telephone Expense Utilities Expense Wage Expense 143,500.00 28,000.00 3,500.00 1,200.00 1,160.00 2,500.00 1,120.00 10,800.00 121,750,00 Depreciation - Vehicles Interest Expense Supplies Expense Interest Payable Wages Payable 7,200.00 400.00 9,000.00 400.00 14,250.00 504.150.00 504,150.00 to search Interest Payable Wages Payable 400.00 14,250.00 504,150.00 504,150.00 Choose... . What is the total amount posted to the Income Summary account to close out the revenue account(s)? What is the total amount posted to the Income Summary account to close out the expense accounts? Choose.. What type of account is the income Summary account? Choose.. What is the journal entry to close out the Withdrawal's account? Choose.. . What is the total amount posted to the Owners' Capital account to close out the income Summary account? Choose

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