The following closing entries were prepared for Apex Architectural Designs regarding its year just ended June $30,2023$:

$2023$

June $30$ Design Revenue $131,000$

Income Summary $131,000$

To close the revenue account.

$30$ Income Summary $73,450$

Depreciation Expense, Office Equipment $1,500$

Depreciation Expense, Office Furniture $800$

Insurance Expense $1,150$

Interest Expense $300$

Supplies Expense $1,900$

Telephone Expense $1,350$

Utilities Expense $2,450$

Salaries Expense $64,000$

To close expense accounts.

June $30$ Income Summary $57,550$

Nolan Apex, Capital $57,550$

To close Income Summary to capital.

$30$ Nolan Apex, Capital $32,500$

Nolan Apex, Withdrawals $32,500$