ON 4-6 Effects of closing entries LO2.3 Jontil Co. began the current period with a $14.500 balance in the Peter Jontil, Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with normal balances Depreciation expense interest income $35.000 19.000 4.000 3.500 5.000 Uties espense 2.300 Anal Income Summary Ending have A 1 Name Danielle 2 Date: 3 Q.54-6 4 5 a. Income Summary balance after dosing revenues and expenses 6 7 Revenues 8 Expenses Debtor Credit balance (circle which one) 10 11 12 b. Peter Jontil, Capital balance after all closing entries: 13 14 Beginning balance 15 Profit 16 Total 17 Less: Withdrawals 18 Ending balance 19 20 21 22 Peter Jordi Carta Beginning balance OR Ending balance OS 1 052 04 0544 0515 o 9 M acer