The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, what will be the balance in the Sue Harris, Capital account?
Total revenues $ 100,000
Total expenses 48,000
Sue Harris, Capital 64,000
Sue Harris, Withdrawals 12,000
a. $116,000.
b. $52,000.
c. $48,000.
d. $64,000.
e. $104,000.
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