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Capn Company began the current period with a $44 , 000 credit baiance in the K. Capri, Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with nomai balances. 1. Afer closing the revenue and expense accounts, what is the balance of the incorse Summary account? 2. Afer all elosing entries are journalized and posted, what is the balance of the K. Capri, Captal aceount?.

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Capn Company began the current period with a $44 , 000 credit baiance in the K. Capri, Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with nomai balances. 1. Afer closing the revenue and expense accounts, what is the balance of the incorse Summary account? 2. Afer all elosing entries are journalized and posted, what is the balance of the K. Capri, Captal aceount?

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