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Q1:Given the following adjusted account balances, record the closing entries on Decemb J-Capital Service Revenue $ 85,000 104,400 Depreciation Expense-B Salary Expense 2,000 28,000

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Q1:Given the following adjusted account balances, record the closing entries on Decemb J-Capital Service Revenue $ 85,000 104,400 Depreciation Expense-B Salary Expense 2,000 28,000 Supplies Expense 8,500 Interest Revenue 15,400 Rent Expense 15,000 J-Withdrawals 3,000 REQUIRED: prepare closing entry

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