DC Cocc) u cc) PPC Account Accounting Element Normal Balance Balance 65,000 Accounts Payable Accounts Receivable 50,000 Accumulated Depreciation Accumulated Depreciation 40,000 40,000 Building 190,000 Cash At Bank 40,000 Depreciation Expense 20,000 C Drawings 15,000 Equipment 10,000 Interest Payable 25,000 L Notes Payable 25,000 20,000 200,000 $ $ Owners Capital Prepaid Rent 25,000 Rent Expense 4,000 4,000 Rental Income 16,000 Salaries Expense 12,000 U 30/06/19 Close out revenue accounts 30/06/19 Close out expense accounts 30/06/19 Tfr profit / loss 30/06/19 Close out CI / Drawings What is Owners Equity after these closing entries