Capri Company began the current perlod with a $34,000 credit balance in the K. Capri, Capital account. At the end of the perlod. company's adjusted account balances include the following temporary accounts with normal balances. 114,000 Interest revenue 36,500K. Capri, withdrawals 11,8ee utilities expense Service fees earned 11,600 salaries expense 17,eee Depreciation expense 6,7ee 1. After closing the revenue and expense accounts, what will be the balance of the Income Summary account? Debit Step 1: Close Revenues to Income Summary Credit Debit Step 2: Close Expenses to Income Summary Credit Income Summary 2. After all closing entries are journalized and posted, what will be the balance of the K. Capri, Capital account? Debit Credit Step 3: Close Income Summary to Capital Step 4: Close Withdrawals to Capital Debit Credit K. Capri, Capital Beginning balance 34.000 0