Prepare the closing entries for the following Adjusted Trial Balance dated 30/06/13. No comments are required. Then answer the question.

			Dr	Cr
30/06/13	Answer		Answer
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30/06/13	Answer		Answer
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30/06/13	Answer		Answer
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30/06/13	Answer		Answer
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What is the balance of Owners Capital in the post closing trial balance? Answer

Enable GingerCannot connect to Ginger Check your internet connection or reload the browserDisable in this text fieldRephraseRephrase current sentence3Edit in Ginger \begin{tabular}{|l|r|r|} \hline & \multicolumn{2}{|c|}{ Adjusted TB } \\ \hline \multicolumn{1}{|c|}{ Account } & \multicolumn{1}{|c|}{ Dr } & Cr \\ \hline Cash At Bank & 42440 & \\ \hline Accounts Receivable & 56330 & \\ \hline Inventory & 112300 & \\ \hline Prepaid Rent & 2400 & \\ \hline Equipment & 120000 & \\ \hline Accum Depreciation & & 20000 \\ \hline Accounts Payable & & 62760 \\ \hline Interest Payable & & 1600 \\ \hline Notes Payable & & 180000 \\ \hline Owners Capital & & 93110 \\ \hline Owners Drawings & 25000 & \\ \hline Income Summary & & \\ \hline Service Revenue & & 110000 \\ \hline Subscriptions Revenue & & 146000 \\ \hline COGS & 107000 & \\ \hline Bank Fees & 1000 & \\ \hline Depreciation Expense & 10000 & \\ \hline Interest Expense & 16000 & \\ \hline Rent Expense & 24000 & \\ \hline Salaries Expense & 86000 & \\ \hline Supplies Expense & 11000 & \\ \hline & & \\ \hline Total & 613470 & 613470 \\ \hline \end{tabular}