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The adjusted balances for Windsor Co. are listed below.
Cash, $10,000
Accounts Receivable, $1,250
Prepaid Insurance, $1,750
Equipment, $7,500
Accumulated Depreciation, $1,000
Accounts Payable, $2,000
T. Windsor, Capital, $15,000
J. Windsor, Drawing, $5,000
Income from Services, $17,500
Wages Expense, $6,000
Rent Expense, $4,000
After recording the closing entries, what would be the balance of the capital account?
Glycolysis
The metabolic pathway that breaks down glucose into pyruvate, releasing energy and pyruvic acid, the first step in cellular respiration.
Citric Acid Cycle
A set of chemical transformations that enable aerobic entities to produce energy, through the oxidation of acetate from carbohydrates, fats, and proteins into carbon dioxide.
Acetyl CoA
A molecule that plays a vital role in metabolism, particularly in the synthesis and oxidation of fatty acids, and the Krebs cycle for energy production.
Electron Transport
is a series of chemical reactions that transfer electrons from electron donors to electron acceptors via redox reactions, and couples this electron transfer with the transfer of protons (H+ ions) across a membrane.
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