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pes In the first closing entry for Elliptical Consulting (owned by Jayson Neese) if the revenue (fees earned) for the year is 560,000 and the

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pes In the first closing entry for Elliptical Consulting (owned by Jayson Neese) if the revenue (fees earned) for the year is 560,000 and the total expenses incurred for the year are $37.975, what does the credit to Neese's Capital account for $22.02Srepresent or accomplish? JOURNAL Date pret Debit Credit Description Adjusting Entries Fees Earned June 30 60.000 Expenses 37.975 22.025 Jayson Neese, Capital

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