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Enter the following December 31 normal balances in the first row of T-accounts below. K. Korver, Capital $20,400, K. Korver, Withdrawals $3,200, Services Revenue $39,000;
Enter the following December 31 normal balances in the first row of T-accounts below. K. Korver, Capital $20,400, K. Korver, Withdrawals $3,200, Services Revenue $39,000; Salaries Expense $27,400; and Rent Expense $5,400. (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. X. Korver, Capital Adjusted Balance K. Korver, Withdrawals 20.400 Adjusted Balance 3,200 Ending Balance Ending Balance Income Summary Adjusted Balance Services Revenue Adjusted Balance Ending Balance Ending Balance Salaries Expense Adjusted Balance Rent Expense Adjusted Balance Ending Balance Ending Balance
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