The adjusted trial balance of Sara's Photography follows:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Sara's Photography TrialBalance

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

December 31,2020

\begin{array}{|l|r|r|}\hline & \text { Debit } & \text { Credit } \\\hline \text { Cash } & \$ 800 & \\\hline \text { Accounts receivable } & 1,400 & \\\hline \text { Office supplies } & 300 & \\\hline \text { Photography equipment } & 9,000 & \\\hline \text { Accumulated depreciation, photography } & & \\\hline \text { equipment } & & \$ 1,000 \\\hline \text { Accounts payable } & & 7,100 \\\hline \text { Sara Vegara, capital } & & 1,500 \\\hline \text { Sara Vegara, withdrawals } & 1,800& \\\hline \text { Photography revenue } & & 11,000 \\\hline \text { Supplies expense } & 500 \\\hline \text { Cleaning expense } & 100 \\\hline \text { Repairs expense } & 50 \\\hline \text { Developing expense } & 1,850 \\\hline \text { Rental expense } & \underline{2,000} &-\\\hline \text { Total } & \underline{\$ 17,800} & \underline{\$ 17,800} \\\hline\end{array}

Prepare the necessary closing entries at December 31. What is the balance of Sara's capital account after the bookkeeper posts the closing entries?

When Closing Entries Are Made

Multiple Choice