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Knowledge Check 0 1 The company's adjusted trial balance as follows includes the following accounts balances: Cash, $ 1 5 , 0 0 0 ;

Knowledge Check 01
The company's adjusted trial balance as follows includes the following accounts balances: Cash, $15,000; Equipment, $85,000;
Accumulated Depreciation, $25,000; Accounts Payable, $10,000; Owner's Capital $59,000; Withdrawals, $2,000; Consulting Revenue,
$56,000; Depreciation Expense, $25,000; and Salaries Expense, $23,000. All accounts have normal balances.
Prepare the first closing entry by selecting the account names from the pull-down menus and entering dollar amounts in the debit and
credit columns.
Journal entry worksheet
1
The company's adjusted trial balance as follows includes the following
accounts balances: Cash, $15,000; Equipment, $85,000; Accumulated
Depreciation, $25,000; Accounts Payable, $10,000; Owner's Capital $59,000;
Withdrawals, $2,000; Consulting Revenue, $56,000; Depreciation Expense,
Note: Enter debits before credits.
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