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Check my work 1 1 Capri Company began the current period with a $31,000 credit balance in the K. Capri, Capital account. At the end

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Check my work 1 1 Capri Company began the current period with a $31,000 credit balance in the K. Capri, Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with normal balances Services revenue $ 76,000 Interest revenue $ 8,200 Salaries expense 37, see . Capri, withdrawals 20,000 Depreciation expense 3,400 Utilities expense 4,600 1 points ook 1. After closing the revenue and expense accounts, what is the balance of the Income Summary account? Step 1: Close Revenues to Income Summary Debit Credit Here Step 2: Close Expenses to Income Summary Debit Credit Income Summary M Step 2: Close Expenses to Income Summary Debit Credit Income Summary 0 0 2. After all closing entries are journalized and posted, what is the balance of the K. Capri, Capital account? Step 3: Close Income Summary to Capital Debit Credit Step 4: Close Withdrawals to Capital

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