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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,

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 accounts balances Canh, $15,000; Equipment, sen,000 Accumulated Deprecation, $25,000; Accounts Payable, $10.000 Owner's Capital $5,000 withdrawals, $2,000 Consulting Revenue, $56,000 Depreciation Expense. $25.000; and Salantes Expense, $20,000. All accents have normal balances Oute Dec 21 General Journal 3438 Cre 0.000 Agan pering Clear dry D

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