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The J. Dawson, Capital account has a credit balance of $1,200 before closing entries are made. If total revenues for the year are 65,200, total
The J. Dawson, Capital account has a credit balance of $1,200 before closing entries are made. If total revenues for the year are 65,200, total expenses S49,800, and withdrawals are $2,400, what is the ending balance in the J. Dawson, Capital account after all closing entries have been made? Select one: O A $14,200 O B. 57,600 O c. 523,200 O D. 516,600 O E $5,200
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