Use the following to answer questions 23-28: Use the following adjusted trial balance to answer the question(s) below. Bayview Marina Adjusted Trial Balance December 31, 20xx Cash Accounts Receivable Supplies Prepaid Insurance 2,500 3,50 1,500 2,500 11,800 ck ccumulated Depreciation-Dock 3,000 6,000 10,000 ccounts Payable eroy Allen, Capital Leroy Allen, Withdrawals Ship Rentals Depreciation Expense-Dock Wages Expense Insurance Expense 4,000 16,800 1,000 7,000 2,000 23. The entry to close the Leroy Allen, Withdrawals account includes a credit to Income Summary for $4,000. credit to Leroy Allen, Capital for $4,000. debit to Leroy Allen, Withdrawals for $4,000. debit to Leroy Allen, Capital for $4,000. A) B) Page 5 24. The entry to close the Ship Rentals account includes a A) credit to Ship Rentals for $16300 B) debit to Income Summary for $16400 debit to Leroy Allen, Capital for $16,800 D) debit to Ship Rentals for $16,800 25. The entry to close the expense accounts includes a debit to Insurance Expense for $2,000. ) credit to Leroy Allen, Capital for $10,000. B) debit to Income Summary 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. $9,800 net loss. $6,800 net income. $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 S11,800. 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 process? A) Leroy Allen, Withdrawals B) Ship Rentals C) Depreciation Expense-Dock D) Wages Expense