Use the following a balanctth n(s) below. Bayview Marina Adjusted Trial Balance December 31, 20xx Cash Accounts Receivable Supplies Prepaid Insurance Dock Accumulated Depreciation-Dock Accounts Payable Leroy Allen, Capital Leroy Allen, Withdrawals Ship Rentals $2,500 3,500 1,500 2,500 11,800 $3,00 6,000 10,000 4,000 16,800 epreciation Expense-Dock ages Expense 1,000 7,000 2.000 Insurance Expense 23. The entry to close the Leroy Allen, Withdrawals account includes a A) credit to Income Summary for $4,000. B) credit to Leroy Allen, Capital for $4,000. debit to Leroy Allen, Withdrawals for $4,000. debit to Leroy Allen, Capital for $4,000. Page 5 24. The entry to close the Ship Rentals account includes a A) credit to Ship Rentals for $16g00 B) debit to Income Summary for $16,400 C) debit to Leroy Allen, Capital for $ 16.00 D) debit to Ship Rentals for $16g0 25The entry to close the expense accounts includes a A) debit to Insurance Expense for $2,000. B) debit to Income Summary for $10,000. C) credit to Leroy Allen, Capital for $10,000. D) debit to Leroy Allen, Capital for $2,000. _ 26. The amount of net income (or net loss) during the period is A) $15,800 net income. B) $9,800 net loss. C) $6,800 net income. D) $2,800 net income. 27. The entry to close Income Summary includes a A) debit to Income Summary for $6,800. B) credit to Income Summary for $11,800. C) debit to Leroy Allen, Capital for $15,800. D) credit to Leroy Allen, Capital for $7,800. 28. Which account bypasses the Income Summary account in the closing A) Leroy Allen, Withdrawals B) Ship Rentals C) Depreciation Expense-Dock D) Wages Expense