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yu.instructure.com/cour! In 2019 Bruce Barbershop LLC has the following transactions: Service Revenue $12,000, Salaries and Wages Expense $3,000, Depreciation Expense $500, Utilities Expense $500, Rent

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yu.instructure.com/cour! In 2019 Bruce Barbershop LLC has the following transactions: Service Revenue $12,000, Salaries and Wages Expense $3,000, Depreciation Expense $500, Utilities Expense $500, Rent Expense $2.500, Supplies Expense $500. On January 1, 2019 the Owner's Capital account had a balance of $10,000. During 2019 Bruce withdrew $2,000 cash for personal use. Which of the following closing entries for 2019 would be correct? Closing entries are only required if there was an error. There does not appear to be a error in this case. 5.000 Dr. Owner's Capital 5,000 Cr. Income Summary Dr. Owner's Capital 2,000 Cr. Owner's Drawings 2.000 Dr. income Summary 5,000 Cr. Owner's Capital Dr. Owner's Capital 2.000 5,000 Cr. Owner's Drawings 2,000 Dr. Income Summary 5,000 Cr. Owner's Capital 5,000 D Diar's Drain 21 Launch Meeting - Zoom yu.instructure.com/courses/39793/quizzes/20676/take/que.. Which of the following closing entries for 2019 would be correct? Closing entries are only required if there was an error. There does not appear to be an error in this case. Dr. Owner's Capital 5.000 Income Summary 5.000 Dr. Owner's Capital 2.000 Cr. Owner's Drawings 2000 Dr. Income Summary 5.000 Cr. Owner's Capital 5,000 Dr. Owner's Capital 2,000 Cr. Owner's Drawings 2,000 5,000 Dr. Income Summary 5,000 Cr. Owner's Capital Dr. Owner's Drawings 2,000 Cr. Owner's Capital 2.000 Next Previous 21 DU 80 esc FI F2 F3 # $ %

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