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Use the following account balances from the adjusted trial balance of ABC Consulting: Debit Credit Balance Balance Cash Account Accounts Payable. B. Conway, Capital
Use the following account balances from the adjusted trial balance of ABC Consulting: Debit Credit Balance Balance Cash Account Accounts Payable. B. Conway, Capital B. Conway, Drawing Fees Revenue Salary Expense Rent Expense Supplies Expense Advertising Expense 24,100 2,000 13,000 600 18,000 2,600 3,000- 1,900 800 Select the correct closing entry that ABC Consulting would make to close the owner's drawing account at the end of the accounting period. Multiple Choice debit B. Conway, Capital $600 and credit B. Conway, Drawing or $600. m Next >
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