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Question 8 (1 point) Flow, the proprietor of Flow Services, withdrew $8,700 from his business during 2020. These withdrawals will result in which of the

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Question 8 (1 point) Flow, the proprietor of Flow Services, withdrew $8,700 from his business during 2020. These withdrawals will result in which of the following closing entries at the end of 2020? OJ. FlowWithdrawals 8,700 To Cash 8,700 U. Flow, Capital 8,700 To J. Flow, Withdrawals 8.700 u. Flow, Witherawals 8,700 To J. Flow, Capital 8,700 8,700 J. Flow, Capital To Salary Expense 0 8,700 5 7 0 Question 9 (1 point) Emilia Feridy, the proprietor of EF Services, withdrew a total of $50 for to pay for her daughter's swimming lessons. What is the entry needed to record this transaction? Debit Emilia Feridy, Capital and credit Cash for $50. Debit Emilia Feridy, Withdrawals and credit Cash for $50. Debit Emilia Feridy, Withdrawals and credit Emilia Feridy, Capital for $50. Debit Emilia Feridy, Capital and credit Emilia Feridy, Withdrawals for $50, Debit Cash and credit Emilia Feridy, Withdrawals for $50. O

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