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Posted on Sep 14, 2024

The following information is available for the Travis Travel Agency. After these closing entries what will be the balance in the Jay Travis, Capital account?

Total revenues. $125,000

Total expenses. 60,000

Jay Travis, Capital 80,000

Jay Travis, Withdrawals... 15,000

$ 65,000.

$ 80,000.

$130,000.

$145,000.

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