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Use the following account balances from the adjusted trial balance of Gees Catering: Account Debit Balance Credit Balance Cash 10,700 Accounts payable 2,000 R. Gees,

Use the following account balances from the adjusted trial balance of Gees Catering:

Account Debit Balance Credit Balance
Cash 10,700
Accounts payable 2,000
R. Gees, Capital 16,500
R. Gees, Drawing 1,000
Fees revenue 10,500
Salary expense 7,000
Rent expense 5,600
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.

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