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The following information is available for Brendon Company before closing the accounts. What will be the amount in the Income Summary account that should be
The following information is available for Brendon Company before closing the accounts. What will be the amount in the Income Summary account that should be closed to Brendon, Capital? J. Brendon, Capital $ 129,000 J. Brendon, withdrawals 41,000 Services revenue 215,000 Depreciation tion Expense Equipment 13,975 Wages expense 81,700 Interest expense 3,900 Insurance expense 13,500 Rent expense 27,950 Multiple Choice $88,000. $73,975. $45,000 $46,950 $32,975
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