oints eBook References Enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $19,000; K. Korver, Withdrawals $2,500; Services Revenue $35,500; Salaries Expense $26,000; and Rent Expense $4,000. (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. Adjusted Balance Ending Balance Ending Balance K. Korver, Capital Adjusted Balance Ending Balance Income Summary Adjusted Balance 2,500 Salaries Expense 26,000 0 19,000 Adjusted Balance 0 0 K. Korver, Withdrawals 2,500 26,000 Ending Balance Services Revenue Adjusted Balance Ending Balance Adjusted Balance Ending Balance 35,500 Rent Expense 4,000 0 2,500 35,500 0 4,000

Enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $19,000,K Korver, Withdrawals \$2,500; Services Revenue \$35,500; Salaries Expense \$26.000; and Rent Expense \$4,000. (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