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how do I fill out this t chart? r Revenue and incurred $21,000 of warious expenses Ewan witdr Ewan hmurance Agency slated yew wit, a

how do I fill out this t chart? image text in transcribed
r Revenue and incurred $21,000 of warious expenses Ewan witdr Ewan hmurance Agency slated yew wit, a begening capital balance od S25000 During the yeat Ewan urance Agency earned $40 000 of Service 15,000 trom the bunsiness After the closing entiries are recorded and posted, what will be the balance of Ewan, Capitar? of the Capital account Use a "Cls posting reference to show the amounts Post the beginning balance and closing entry amounts to the Capital account Use a "Bal"posting seference to show the beginning and ending balance hat are posted while closing the beoks. The revenue and expense amounts should be combined into one closing entry for net income (he you are closing the Income Summary account Ewan, Capital

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