Credit Debit $37,800 7,800 6,000 60,000 25,800 $4,200 3,000 ZORA Company Adjusted Trial Balance December 31, 2020 Accounts Cash Account Receivable Prepaid Expenses Building Equipment Accumulated Depreciation (Equipment) Patent Accounts Payable Salarics Payable Interest Payable Uneared Revenue Notes Payable Owner's Capital Owner's Drawings Service Revenues Interest Revenue Depreciation Expenses Utilities Expenses Interest Expenses Rent Expenses Salaries Expenses 13,800 8,400 7,800 9,000 6,600 40,800 9,000 75,000 4,800 4,200 3,600 3,000 5,400 4,800 Total $170,400 SI70,400 Based on the data above, total revenues are equal to: O $79,800 O $75,000 O $88,800 O $58,800 O None of the above Based on the data above, total expenses are equal to: * $24,000 O $27,000 $21,000 $30,000 O None of the above Based on the data above, the balance of Income Summary after closing revenues and expenses is: * Credit $58,800 Credit $51,000 Credit $61,800 Debit $51,000 O None of the above * Based on the data above, the balance of owner's capital after closing entries is: Credit $40,800 O Credit $49,800 O Credit $90,600 O Credit $82,800 O None of the above What is the balance of Owner's Drawings after the first two steps of closing entries which are the closure of Revenues and Expenses to Income Summary? * O $0 O $9,000 O $31,800 O $67,800 O None of the above