QUESTION The journal entry to close out a $200 debit balance in the Withdrawals account for the period would be: ANSWER O O O Date Date Date Date Accounts Service Revenue Smith, Withdrawals Accounts Smith, Withdrawals Service Revenue Accounts Smith, Withdrawals Smith, Capital Accounts Smith, Capital I DON'T KNOW YET Debit Credit 200 Debit Credit 200 Smith, Withdrawals 200 Debit Credit 200 200 200 Debit Credit 200 200

QUESTION ANSWER The jourmal entry to close out a $200 debit balanee in the Withalrawals scootant for the perion woukl be: IDONT KNOW YET