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Enter the following December 31 normal balances in the first row of T-accounts below: K....

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Accounting

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Enter the following December 31 normal balances in the first row of T-accounts below: K. Korver, Capital $19,800; K. Korver, Withdrawals $2,900; Services Revenue $37,500; Salaries Expense $26,800; Rent Expense $4,800. (1) Post closing entries to each account's T-account. (2) Compute the ending balance of each T-account, even if the final balance is $0. \begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{2}{|c|}{ K. Korver, Capital } & \multicolumn{3}{|c|}{ K. Korver, Withdrawals } \\ \hline Adjusted Balance & & & & & \\ \hline & & & & \\ \end{tabular}

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