Completing the Accounting Cycle 221 g closing entries from Taccounts acounts for Kebbytaphyat December 31, 2018, follow: Learning Objective 3 Capital 49,000 Service Revenue Kebby, Withdrawals 33,000 4,500 14,000 Salaries Expense 31,800 Supplies Expense 2,700 1,400 Depreciation Ex uilding Depreciation Expense Furniture 7,000 ,500 Requirements L Joarnaline Kebby Photography's closing entries at December 31, 2018 2 Determino Desmine Kebby Photography's ending Kebby, Capital balance at December 31, 3018. 342 Determining the effects of closing entries on the Owner, Capital Learning Objective 3 account kCege Insurance 17 500 Ageney started the year with a beginning capital balance of urng the year, McGregor Insurance Agency earned $34,000 of Service and rred $23,500 of various expenses. McGregor withdrew $12,000 the business. ffter the closing entries are recorded and posted, what will be the ce of McGregor, Capital