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? ? Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative
? ? Post to Owner's Capital and Income Summary accounts. (Post entries in the order of journal entries presented in the previous part. Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses eg. (45).) Date Account Titles and Explanation July 31 Service Revenue (To close revenue accounts) July 31 Income Summary Depreciation Expense Salaries and Wages Expense Utilities Expense (To close expense accounts) 14600 July 31 Owner's Capital 15700 Income Summary (To close net income / (loss)) July 31 Owner's Capital 15700 Owner's Drawings
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