Enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $21,600; K. Korver, Withdrawals $3,800; Services Revenue $42,000; Salaries Expense $28,600; and Rent Expense $6,600. (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.

QS 4-7 (Algo) Preparing closing entries in T-accounts LO P2 Enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital \$21,600; K. Korver, Withdrawals \$3,800; Services Revenue $42,000; Salaries Expense $28,600; and Rent Expense $6,600. (1) Post closing entries to each account's T-account. (2) Compute the ending balance of each T-account, even if the final balance is $0