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Given the following accounts, journalize the closing entries for September 30, 2017, and calculate the...

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Accounting

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Given the following accounts, journalize the closing entries for September 30, 2017, and calculate the new ending balance for B Bumet, Capital Click the icon to view the accounts) Joumalize the closing entries (Record debits first, then credits Exclude explanations from closing entries) Begin by casing out the revenue account Journal Entry Account Titles PR Dr. Cr. 2017 Sept Date Close out the expense accounts Journal Entry Account Titles PR Dr. Cr. Date 2017 Sept TUTTE (Click the icon to view the accounts) Close out Income Summary Journal Entry Account Titles PR Dr. Cr. Date 201% Sept Close out the withdrawals account Journal Entry Account Tities Date PR Dr. Cr. 201X Sept Calculate the new ending balance for B. Burnett, Capital Calculate the new ending balance for B. Burnett, Capital. B. Burnett (Beg.), Capital Plus: Less: B. Burnett (Ending), Capital Account Acct No. Ending Balance 110 2,400 Dr. Cash 310 600 Cr. 311 240 Dr. 312 B. Burnett, Capital B. Burnett, Withdrawals Income Summary Consulting Fees Supplies Expense Salaries Expense 410 1,100 Cr. 510 20 Dr. 520 350 Dr. Rent Expense 530 275 Dr

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