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The owner of Dynamo Stores has come to you for assistance because his bookkeeper has just moved to another city. The follc the only information

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The owner of Dynamo Stores has come to you for assistance because his bookkeeper has just moved to another city. The follc the only information his bookkeeper left him. 1. Balance sheets as of December 31,2023 and 2024 . 2. The owner withdrew $149,250 in 2024 for his personal use. 3. The business incurred total expenses of $241,350 for 2024 , of which $186,750 was for wages and $54,600 was for advertisi Required: 1. Calculate the profit and total revenue for 2024 . 2. Prepare closing entries for 2024 . Journal entry worksheet 4

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