The ledger of Cullumber Company contains the following balances: Owner's Capital $29,700, Owner's Drawings $1,300, Service Revenue $49,000, Salaries and Wages Expense $25,700, and Supplies Expense $8,000. Nos. 1. Debit 49,000 Credit 49,000 2 33,700 Account Titles and Explanation Service Revenue Income Summary (To close revenue account) Income Summary Supplies Expense Salaries and Wages Expense (To close expense accounts) Income Summary Owner's Capital (To close net income /(loss)) Owner's Capital Owner's Drawings (To close drawings 8,000 25,700 3. 15,300 15,300 4 1,300 1,300 Post the balances in T-accounts, post the closing entries, and underline and balance the accounts. Use the numbers as a reference and if the post-closing balance is zero, show a zero on the account's normal balance side, Salaries and Wanes Fenon Salaries and Wages Expense 2 25,700 Bal. 25,700 Supplies Expense 2 33,700 Bal. > 33,700 15.300 Bal. 25.700 Owner's Capital 4 > 1.300 3. 15.300