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The owner of Dynamo Stores has come to you fot assistance because his bookkeeper has just moved to another city. The following is the only

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The owner of Dynamo Stores has come to you fot assistance because his bookkeeper has just moved to another city. The following is the only information his bookkeeper left him. 1. Balance sheets as of December 31,2023 and 2024. 2. The owner withdrew $165750 in 2024 for his personal use 3. The business incurred total expenses of $233,600 for 2024 , of which $186,000 was for wages and $47,600 was for advertising Required: 1. Calculate the profit and total revenue for 2024 2. Prepare closing entries for 2024 2. Prepare closing entries for 2024 . Journal entry worksheet 4

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