The following amounts were noted prior to closing procedures:

Service Revenue $75,000

Expenses $45,000

Jay Travis, Capital $80,000

Jay Travis, Drawing $25,000

Which of the following are correct closing entries based on the above information. Select all of the following that apply

Question 2 options:

	Randy Travis, Capital 25,000 Randy Travis, Drawing 25,000
	Income Summary 25,000 Randy Travis, Drawing 25,000
	Income Summary 30,000 Randy Travis, Capital 30,000
	Income Summary 75,000 Randy Travis, Capital 75,000
	Randy Travis, Capital 30,000 Income Summary 30,000