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Enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $18,000; Korver, Withdrawals $2,000; Services Revenue $33,000; Salaries
Enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $18,000; Korver, Withdrawals $2,000; Services Revenue $33,000; Salaries Expense $25,000; and Rent Expense $3,000. (1) Post closing entries to each accounts T-account. (2) Compute the ending balance of each T-account, even if the final balance is $0.
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