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Prior to closing, total revenues were $12,840,000 and total expenses were $9,975,000. During the year, the owner made no additional investments and withdrew $630,000. After

Prior to closing, total revenues were $12,840,000 and total expenses were $9,975,000.

During the year, the owner made no additional investments and withdrew $630,000. After the closing entries, how much did the owners capital account change?

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Prior to closing, total revenues were $12,840,000 and total expenses were $9,975,000. During the year, the owner made no additional investments and withdrew $630,000. After

Prior to closing, total revenues were $12,840,000 and total expenses were $9,975,000. During the year, the owner made no additional investments and withdrew $630,000. After the closing entries, how much did the owners capital account change?

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Prior to closing, total revenues were $12,840,000 and total expenses were $9,975,000.

During the year, the owner made no additional investments and withdrew $630,000. After the closing entries, how much did the owners capital account change?