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Problem 3 (8 Marks) The adjusted trial balance of Sara's Photography follows Sara's Photography Trial...

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Accounting

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Problem 3 (8 Marks) The adjusted trial balance of Sara's Photography follows Sara's Photography Trial Balance December 31, 2015 Debit Credit S 700 1.200 200 10.000 Cash Accounts recer able Office supplies Photography equipment Accumulated depreciation. photography equpment Accounts payable Sarah Vegara, captal Sarah Vegara, withdrawals 2,000 400 5.000 2.800 Photography revenue 12,000 50 200 150 100 4.000 Supplies expense Cleaning expense Repairs expense Film expense Rental expense Total $ 19.400 19.400 L. Prepure the necessry elosing entries at December 31. 2. What is the balance of Sara's capital account after the bookkeeper posts the closing entries? unting I Test 4- Completing the Accounting Cvele and CloseiGuins

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