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The following information is available for a company before closing the accounts What will be the amount in the Income Summary account that should be

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The following information is available for a company before closing the accounts What will be the amount in the Income Summary account that should be closed to Owner's Capital? Owner's Capital Owner's Withdrawals Fees earned Depreciation Expense-Equipment Wages expense Interest expense Insurance expense Rent expense $132,000 42,500 220,000 14,300 83,600 4,000 13,800 28,600

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