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Use the following account balances from the adjusted trial balance of Gees Catering Debit Credit Account Balance Balance Cash 13,000 Accounts payable 2,000 R. Gees,
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Use the following account balances from the adjusted trial balance of Gees Catering Debit Credit Account Balance Balance Cash 13,000 Accounts payable 2,000 R. Gees, Capital 16,100 R. Gees, Drawing 1,000 Fees revenue 10,800 Salary expense 7,000 Rent expense 7,900 Supplies expense 6,000 Select the correct closing entry that Gees Catering would make to close the owner's withdrawal account at the end of the accounting period. Multiple Choice Account Name Debit Credit R. Gees, Drawing $1,000 R. Gees, Capital $1,000 Account Name Debit Credit R. Gees, Capital $1,000 R. Gees, Drawing $1,000 Account Name Debit Credit R. Gees, Drawing $1,000 Income Summary $1,000 Account Name Debit Credit Income summary $1,000 R. Gees, Drawing $1,000
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