BOOK how Me How Co Ciocina Entle with Net Income Assume that the entry closing total revenues of 279,000 and total expenses of $206,200 has been made for the year ending December 31, at the end of the fiscal year, Teresa Schafer. Capital has a credit balance of 5323,000 and Teresa Schater, Drawing has a balance of 527,100. 0. Journalize the entry required to dato the Teresa Setialer, Drawing account. If an amount box does not require an entry, leave it back Teresa Schafer, Capital Teresa Schuster, Drawing 38 1. The not net income or not loss rods to be determined the come owner of the balance credit. If the Como Shows and loss, the net would thing account to complete the diety for het income ornet loss the Ostani shodling the drawing is one to order the capital count t. Om att ta dor the